Oakley Capital’s Oakley Capital IV (Fund IV) is to invest in ICP Education Holding Limited (ICP Education), an independent group of UK nurseries.
The UK nursery sector is a GBP6.7 billion market serving an estimated 850,000 children across 15,000 nurseries, most of which continue to be owned and operated on a single-site basis. The market has grown steadily at 4.5 per cent CAGR between 2010-2019 driven by rising female labour market participation and an increasing awareness of the importance of early years education.
Oakley is one of the most active investors in the European education sector. To date, platform investments in the sector have included Inspired Education, a leading global schools group; Schülerhilfe, Europe’s largest tutoring group; IU Group (formerly Career Partner Group), the largest and fastest growing university in Germany; ACE Education, a leading French university group; and Ocean Technologies Group, the leading provider of e-learning to the maritime industry.
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