Sanari Capital, a private equity firm with a focus on nurturing growth-stage companies in Africa, has recently declared a substantial follow-on investment of R80 million, which is equivalent to approximately $4.4 million, into EduLife Group. EduLife Group operates a burgeoning network of independent educational institutions across South Africa.
The primary objective of this significant financial injection is to accelerate the expansion efforts of EduLife Group throughout the nation. The allocated funds are earmarked for a dual purpose: firstly, to reinforce EduLife’s market position within its current operational territories, which include the Free State, Eastern Cape, and Western Cape regions; and secondly, to explore and potentially establish a footprint in the Gauteng province.
A portion of the investment is also designated for enhancing the infrastructure of EduLife’s existing schools. This expansion is in response to the escalating demand for education that is both high in quality and affordable, a need that EduLife is keen to meet.
Moushmi Patel, a Partner at Sanari Capital, expressed enthusiasm about the firm’s continued partnership with EduLife Group. She emphasized Sanari Capital’s commitment to fostering sustainable value not only for its investors but also for the communities with which it engages. Patel underscored that EduLife Group embodies this ethos by making education accessible and relevant to students from diverse backgrounds, thereby facilitating growth and generating a positive societal impact.
Hansie Engelbrecht, the CEO of EduLife Group, outlined the organization’s mission to provide inclusive, contemporary, and customized educational experiences. The aim is to empower students to thrive, realize their full potential, and be well-prepared for their future endeavors.
EduLife Group prides itself on offering a variety of educational programs that are specifically designed to meet the needs of students from different economic sectors. The group’s dedication to maintaining affordability without compromising on the quality of education renders it an invaluable option for families in search of reliable educational opportunities for their children.
