PE firm KKR enters education sector in India, buys 90% stake in EuroKids

In its third control deal this year, private equity firm KKR India will buy around 90 per cent of education company, the EuroKids Group, from Gaja Capital and the company’s (EuroKids) founders. 

The deal will be done in a single tranche of Rs 1,400 crore or $200 million, according to sources who are aware of the transaction. They added that the deal will be concluded at the end of this month. 

Earlier, control deals for KKR included the 60 per cent buyout of  Ramky Enviro Engineers for $530 million and a majority stake in Max Healthcare in India. 
 

The EuroKids deal marks