You are here

Tembusu sells 36% interest in Ednovation for over S$50m

BT_20170113_JQTEM_2689415.jpg
MD Richard Yen said Ednovation is ready for its next phase of growth with new owner CDH Investments.

Singapore

TEMBUSU Partners, a Singapore-based private equity firm, said on Thursday that it has divested its 36-per-cent stake in homegrown education group, Ednovation, to private equity firm CDH Investments, in a deal valued at over S$50 million.

Andy Lim, chairman and founder of

sentifi.com

Market voices on: