HPEF Capital, formerly Headland Capital Partners, and other shareholders of Vietnam-based education company ILA Vietnam are seeking to sell the business for $150 million. First-round bids will be made by the end of this year, according to a Bloomberg report.
Ho Chi Minh City-headquartered ILA Vietnam operates over 30 training centres across seven cities in the country. Founded in 2001, the chain has attracted more than 40,000 students in 2016. Vietnam is an attractive destination for foreign investment in the education sector, according to a research by Dezan Shira & Associates. “As 42.1 percent of the population are aged between 0-24 years, the window of opportunity for foreign investors cannot be overstated. In 2015 alone, nearly 110,000 Vietnamese students studied abroad at a cost $3 billion. With income levels rising at record levels, this t
“As 42.1% of the population are aged between 0-24 years, the window of opportunity for foreign investors cannot be overstated. In 2015 alone, nearly 110,000 Vietnamese students studied abroad at a cost $3 billion. With income levels rising at record levels, this trend is set to continue and will likely fuel demand for services intended to prepare students for relevant entrance requirements,” it said. Wholly foreign owned language centres have been allowed since 2009. In terms of foreign direct investment, the sector has seen $3 billion capital till November 2015.”
ILA Vietnam is a foreign-owned educational and training company. We offer a broad range of educational programmes and services, including:
English language programmes for children and adults
International exam preparation
Overseas study placement services and consultation
In 2016, we educated more than 40,000 students at ILA centres in Ho Chi Minh City , Hanoi, Da Nang, Hai Phong, Binh Duong, Bien Hoa and Vung Tau.
We make considerable and continuous investments in our programmes, services and facilities to ensure that our students receive an education of the very highest standard.