Dubai-based private equity firm Al Najah Education has made its first investment in Malaysia by acquiring a significant stake in Regent International Schools.
The investment, made through Al Najah’s Southeast Asian subsidiary Horizon Education Asia Limited (HEAL), gives Al Najah access to Regent’s network of five campuses located in Klang, Puching, Sungei Petani, and Kuantan.
Al Najah Education currently owns and operates 31 pre-schools and training centres in Singapore through HEAL, and four schools in the United Arab Emirates and Oman.
“HEAL plans to continue investing and expanding through the entire Southeast Asian region, further growing the Al Najah Education portfolio on a global scale,” he added.
“We envisage at least two additional schools to be launched in the next 24 months, spearheaded by the combined expertise of our own assets as well as those of HEAL,” said Regent International Schools CEO Nelson Renganathan.
Al Najah Education operates a network of educational facilities across four verticals – pre-primary, primary, secondary and training institutes.
It has experienced exponential growth throughout the years, starting from three educational assets in 2013 and expanding to 48 assets in 2018, catering to approximately 16,000 students across all its operating regions, through a buy-and-build strategy.