Finance

Tunisia: Inma Holding announces second education investment

Wednesday, 03 March 2021 13:26
Tunisia: Inma Holding announces second education investment

(Ecofin Agency) - Inma Holding, a Tunisian investment vehicle that offers diversified financial instruments to support companies in a growth phase and financial restructuring, announces a strategic investment in the capital of the private primary and secondary education group "Les Ecoles idéales."

The financial details of the transaction have not been disclosed but Inma traditionally invests at least TND5 million ($1.84 million) for each operation.
This investment is the Tunisian private equity investor’s second commitment to the education sector in Tunisia and its first operation in 2021. The holding company established in July 2018 with an initial capital of TND50 million has so far made a total of 3 commitments in Tunisia.

Inma Holding, which has the International Arab Bank of Tunisia (BIAT) as a shareholder, will support the beneficiary's plan to open primary and secondary schools and strengthen its distance learning programs.

The education sector is an area of interest for the private equity company Inma Holding. After the Laghmani educational institution in 2018, the Holding company is now seeking to grant its operational, financial, and sectoral expertise to another educational group.

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