GIC did not disclose the financial terms for the deal. Abril, which is listed on the San Paolo Stock Exchange, currently has a market cap of around $1.46bn.
Abril is focused on the Brazilian K-12 education market, providing learning systems, textbooks, prep courses and language schools.
GIC’s other recent deals include the acquisition of a 6.5 per cent stake in Spanish industrial testing services group Applus via its IPO.
A recent report showed that acquisitions by sovereign wealth funds have hit the lowest level in nearly ten years.
Sovereign wealth funds have made deals worth $15.2bn so far this year, marking a four per cent decline from the equivalent period of 2013 and the lowest level since $8.5bn in 2005, said Dealogic.
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