K-12 / Education

Oi PreSchool

Date

2019

Sectors

K-12

Deal Type

M&A

Deal Location

India

LoEstro advises Oi Playschool on its acquisition by FirstCry

Oi Playschool is a successful pre-school chain in South India with a mix of company operated and franchisee centers

Process

LoEstro was the exclusive financial advisor to the team of Oi Play Schools

LoEstro’s engagement helped Oi Playschool in its acquisition by FirstCry. With this transaction, FirstCry stepped its first foot in the education space. Through this acquisition, it planned to aggressively expand the presence, both through organic and inorganic route, to compete with the likes of KKR-owned EuroKids and Essel Group-owned Kidzee