M&A

M&A

Lighthouse Learning takes over Nagpur's Centre Point Group of Schools

PR Newswire  

Lighthouse Learning (formerly EuroKids International), an education services provider backed by global investment firm KKR, has acquired Nagpur-based Centre Point Group of Schools and Mother's Pet Kindergarten. Anand Rathi Advisors, Cyril Amarchand Mangaldas, Ernst & Young, Hariani & Co and Nishith Desai & Associates facilitated the partnership between the two entities. Centre Point was founded in 1979, when it launched its first Mother's Pet preschool. Today, the group operates four preschools and four K-12 institutions in Nagpur. Collectively, the group claims to serve approximately 8,000 students across its network. Lighthouse has a portfolio of 38 K-12 schools and 1200+ pre-schools across India, which includes EuroKids, Kangaroo Kids Pre-Schools, EuroSchool and Billabong High International Schools.