New Delhi: Lighthouse Learning Group (formerly EuroKids International), the KKR-owned preschool and K-12 education platform, is in advanced talks to acquire Hyderabad-based Kennedy High The Global School, which offers CBSE and Cambridge International curricula for Rs 400 crore. In parallel, it is also eyeing another Hyderabad Hyderabad-based chain Meru International School for a similar amount.If completed, the acquisitions would mark Lighthouse Learning’s third bolt on buy in the city. The KKR-backed education chain acquired Phoenix Greens School of Learning in 2024.Both Kennedy and Meru acquisitions will be signed in 3-4 weeks time, said sources.Kennedy High The Global School was established in 2005 under the leadership of Chairman Dr Siva Kumar Reddy M, a California-based gastroenterologist. The school is located in Bachupally, Hyderabad, and offers both CBSE and Cambridge Assessment International Education (CAIE) curricula.With over 3121 students on the campus, Kennedy High has completed 21 batches of class 10th and 15 batches of class 12th CBSE respectively, it claims. The Cambridge Wing is affiliated to the University of Cambridge, London, has a strength of 553 students.Lighthouse Learning, which operates about 62 K-12 schools across the country, plans to expand its network to 100 schools over the next couple of years, ahead of a proposed initial public offering (IPO), said sources.The company is exploring an entry into Chennai through both organic and inorganic routes, while it plans to double its school network in Bengaluru and Hyderabad over the same period, the sources added.Currently, its portfolio includes brands such as EuroKids, Kangaroo Kids, Mother’s Pet Kindergarten, Early Learning Village, EuroSchool, Billabong High International School, Centre Point Group of Schools, Heritage Xperiential Schools, Phoenix Greens School of Learning and Finland International School Maldives.It has over 2,000 preschools and about 62 K-12 schools.
Leave a comment