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CONSUMER PRODUCTS & SERVICES | Education & Training (non-internet/mobile)
eiceducation.com

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Stage

Private Equity - II | Alive

Total Raised

$200M

Last Raised

$200M | 8 yrs ago

About EIC Education

​​EIC is a provider of overseas educational counselling and test preparation services in China.

EIC Education Headquarter Location

Room 705, 7th Floor, Block A Jianwai SOHO, 39 E. 3rd Ring Road, Chaoyang District

Beijing, Beijing, 100022,

China

+86(10) 5878 1616

Latest EIC Education News

UK private equity firm CVC invests $200M in Chinese education company EIC

Jul 29, 2016

UK private equity firm CVC invests $200M in Chinese education company EIC (Credit: EIC Group Ltd.) Image shows a screenshot of EIC Group Ltd.'s website. January 10 by VCPOST Staff Reporter  British private equity firm CVC Capital Partners Ltd. has agreed to invest over $200 million into Chinese education company EIC Group Ltd. CVC Capital will buy EIC shares from its rival private equity firm Actis Capital LLP, sources told Reuters. The report, citing sources, said that the deal will give CVC Capital a substantial stake and a greater level of management control over EIC than Actis Capital had. The sources however did not disclose the exact stake CVC Capital would own. EIC specializes in providing coaching services to students in China seeking an overseas education. The education company becomes the latest in a series of China buyouts where business owners have sold their shares to give more control to incoming investors, Reuters said. Advertisement The trend is fuelled by lengthy waits to get to a public listing in China, where the country's securities regulator has lifted a freeze on initial public offerings this month after a 15-month hiatus, the report said. © 2016 VCPOST, All rights reserved. Do not reproduce without permission. Advertisement

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