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Global investor KKR takes majority stake in Education Perfect

Global investor KKR takes majority stake in Education Perfect Share Global investment firm KKR has taken a majority stake in Education Perfect that values the New Zealand-based edtech company at $NZ455 million ($424 million). The investment comes from KKR’s US$7.2 billion Global Impact fund, aimed at advancing the United Nation’s sustainable development goals. Australia-based private equity firm Five V Capital took a stake in the company in 2017 and will remain a shareholder alongside its co-founders, brothers Craig and Shane Smith. “For-profit but also purposeful and kind” is how Education Perfect CEO Alex Burke describes the New Zealand-based edtech company. 

KKR to Invest in Leading ANZ Edtech Company Education Perfect

KKR to Invest in Leading ANZ Edtech Company Education Perfect on June 23 2021 7:00 AM DUNEDIN, New Zealand & SYDNEY (BUSINESS WIRE) Leading Australian and New Zealand education technology (“edtech”) company Education Perfect (“EP” or the “Company”), global investment firm KKR, and Australia-based private equity firm Five V Capital today announced the signing of definitive agreements pursuant to which KKR will acquire a majority stake in the Company. EP, a certified B Corporation, empowers students, teachers, parents, and school leaders by providing them with rich data insights and tools for automated marking, feedback, secure assessment, differentiation, and more. EP also offers tens of thousands of high-quality pre-built lessons. Founded in 2007, EP’s work is grounded in the belief that the provision of accessible edtech solutions fosters a more diverse and inclusive education ecosystem. EP is currently being used by more than 3,000 schools, 50,000 teachers and 1 mi

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