Deloitte advises Kïdo Holdings on the sale of their UAE Early Years Education platform
Deloitte has successfully advised Kïdo Holdings Group, an international operator of early learning centres, on the sale of its UAE Early Years Education platform to Kids First Group (KFG).
Kïdo UAE delivers early years education to children up to the age of six through global and professional standards. The company demonstrated strong financial performance and growth despite the impact of COVID-19, which was particularly challenging for the education sector.
Deloitte was responsible for leading the M&A process on behalf of Kïdo throughout the sale to KFG, one of the largest regional providers operating over 24 nurseries in the GCC, including centres in Dubai, Abu Dhabi, and Doha. The process included marketing the opportunity to potential bidders, leading negotiations and project managing the transaction until its successful completion in April 2022.
"In recent years, Deloitte has developed a market leading practice advising owners of nursery chains on exits to global consolidators. We are delighted to have supported the shareholders of Kïdo on this transaction and wish management and staff well under the new ownership of KFG,” said Mark Taylor, Director leading the M&A team advising Kïdo at Deloitte Middle East.
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The information contained in this press release is correct at the time of going to press.
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Robin Butteriss
