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MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

M&A

MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

PC Lee Published on Mon, Apr 09, 2018 / 3:25 PM GMT+8

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SINGAPORE (Apr 9): MindChamps Preschool has entered into an agreement with Palace Investments to create the MindChamps PreSchool Global Fund.

Palace Investments is an indirect wholly-owned subsidiary of private equity firm Pavilion Capital Holdings which, in turn, is a subsidiary of Temasek Holdings, Singapore's state investment firm.

Both companies will jointly form a holding company to manage the fund. MindChamps will own 70% while Palace Investments will own 30% of the holding company through convertible preference shares.

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MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

M&A

MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

Primary tabs

MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

M&A

MindChamps and Temasek subsidiary set up fund to acquire and set up preschools

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