AlephYa Education, a leading pan-GCC education provider, has secured a majority investment from TA Associates, a global private equity firm.
As part of the transaction, existing investors Gulf Investment Corporation (GIC) and Oman International Development and Investment Company SAOG (Ominvest) will maintain a meaningful stake in the business and collaborate closely with TA. Meanwhile, Ashmore Investment Saudi Arabia (Ashmore), an investor in AlephYa since 2017, will divest its stake in the company.
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