Deal Corner
January 14, 2020
Foundation Holdings and Ryan Group’s joint ventue; Acquistion of Pearson’s managed schools business

DEAL BRIEF

Foundation Holdings and Ryan International Group have formed a joint venture under the brand ‘Ryan EduNation’ to expand footprints in K-12 education in India. Foundation Holdings has committed USD 100 million investment to this joint venture, to adopt a scalable partnership model by empowering educational institutions and passionate landowners across India to create a platform of change and impact. To accelerate growth, Ryan EduNation recently acquired the managed school platform owned by Pearson India Education Services Private Limited which already enables over 18,000 students across India to access quality education.

OUR ROLE

We, at Nishith Desai Associates, acted as legal and regulatory counsel to the parties in the creation of the joint venture. We also advised the joint venture on the legal and regulatory aspects of the acquisition of Pearson India Education Services Pvt Ltd’s managed school venture in India.

PRESS COVERAGE

Press coverage relating to the deals is as follows:

https://economictimes.indiatimes.com/industry/services/education/foundation-holdings-commits-100-million-in-education-jv-with-ryan-group/articleshow/72872836.cms?from=mdr

https://www.theweek.in/wire-updates/business/2019/12/17/pwr19-foundation%20holdings.html

https://www.business-standard.com/article/pti-stories/uae-based-foundation-holdings-ties-up-with-ryan-international-to-invest-usd-100-mn-in-education-jv-119121701566_1.html

https://www.prnewswire.com/in/news-releases/ryan-international-group-of-institutions-and-foundation-holdings-launch-ryan-edunation-838798481.html

Disclaimer

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We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

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Deal Corner

January 14, 2020

Foundation Holdings and Ryan Group’s joint ventue; Acquistion of Pearson’s managed schools business

DEAL BRIEF

Foundation Holdings and Ryan International Group have formed a joint venture under the brand ‘Ryan EduNation’ to expand footprints in K-12 education in India. Foundation Holdings has committed USD 100 million investment to this joint venture, to adopt a scalable partnership model by empowering educational institutions and passionate landowners across India to create a platform of change and impact. To accelerate growth, Ryan EduNation recently acquired the managed school platform owned by Pearson India Education Services Private Limited which already enables over 18,000 students across India to access quality education.

OUR ROLE

We, at Nishith Desai Associates, acted as legal and regulatory counsel to the parties in the creation of the joint venture. We also advised the joint venture on the legal and regulatory aspects of the acquisition of Pearson India Education Services Pvt Ltd’s managed school venture in India.

PRESS COVERAGE

Press coverage relating to the deals is as follows:

https://economictimes.indiatimes.com/industry/services/education/foundation-holdings-commits-100-million-in-education-jv-with-ryan-group/articleshow/72872836.cms?from=mdr

https://www.theweek.in/wire-updates/business/2019/12/17/pwr19-foundation%20holdings.html

https://www.business-standard.com/article/pti-stories/uae-based-foundation-holdings-ties-up-with-ryan-international-to-invest-usd-100-mn-in-education-jv-119121701566_1.html

https://www.prnewswire.com/in/news-releases/ryan-international-group-of-institutions-and-foundation-holdings-launch-ryan-edunation-838798481.html

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.