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KKR to buy a minority stake in Taylor’s Education Group aiming for regional expansion

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Global investment firm KKR has agreed to acquire a minority stake in southeast Asian private educator Taylor’s Education Group.

Taylor’s owns and runs six international schools in Singapore and Malaysia. The schools are a member of TEG, a private education institution in Malaysia, Singapore and Vietnam.

SJ Lim, managing director at KKR, added, “We are excited by this opportunity to share our knowledge and provide a capital solution for Taylor’s Schools in its ambition to further expand into the region and provide quality educational experiences to more students.

“Under the leadership of Taylor’s Schools’ management team, all four brands have consistently achieved strong academic outcomes and we are confident that it is primed for more success.

“KKR also looks to leverage our operational experience, global network, and education expertise to further enhance Taylor’s Schools’ offerings.”

KKR confirmed pulling in close to $16.8bn for its mammoth new North America Fund XIII fundraise earlier in the month.

The firm is understood to still be in the market for more commitments to the vehicle, which has already easily outdone the $13.9bn it collected for KKR Americas XII in 2017.

Last month KKR announced that Henry Kravis and George Roberts were stepping back from their roles as KKR co-CEOs after 45 years at the helm of what has become one of the world’s biggest private equity giants.

Pete Stavros and Nate Taylor were promoted as co-heads in 2019,  with responsibility for day-to-day operations of the Americas arm.

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