Swiss Life Asset Managers has agreed to acquire a majority stake in Educare, a provider of education services covering kindergarten through 12th grade located in Madrid.
Educare has evolved from being a single school operator to managing eight schools in Madrid. The company employs more than 900 people and educates 10,000 students.
As part of the transaction, Swiss Life Asset Managers plans to contribute additional capital to support Educare’s growth ambitions. The acquisition is expected to strengthen Educare’s legacy through enhanced investments in school facilities and educational programs.
This transaction marks Swiss Life Asset Managers’ eighth investment in Spain. The firm confirmed it is investing in Educare on behalf of its several infrastructure funds but did not disclose financial details of the transaction.
“Investing in Educare represents a unique opportunity to contribute to the future of education in Spain,” stated Gabriele Damiani
