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(CI Capital Holding for Financial Investments (*CI Capita”) announces the completion of
‘the acqubition of 60% interest in Taaleem Management Services Company SAE
(*Taaleen”), a leading higher education platform in Egypt, which controls and operates
[Nahda University in Beni Suef (*NUB") fora total consideration of EGP 1.2 billion.
Cairo, Eaypt | September [22 2019 — Cl Capi, Fay’ lean diversified ancl serves and
investment group, announced today that thas completed togeter witha grup of codnvesors, the
‘scqusonat a 60% inert nTalaem for atl consideration of EGP 1.2 billon ftom Thebes Edution
Management Holdings BLV., an RMBV managed co-nvestment vehicle fied by « number of
Developm: Finance Into and global inetatoal investors
CC Capital and its eo-investos acquired Taalem through a newly established ivestment vehicle “EGY
EDU inves BV." which is conolled by C Capital. Out ofthe EGP 1.2 billion consideration, Cl Capital
ernmited ZGP 305 milion fom its balance shet, wil he remaining balance was injected by a group
‘of reponland lal institaons and high net wort individuals ineluding StonePine ACE Fund, joi
‘eure beeen StonePie Capital Parner and ACE & Compan, two leading private equ msi the
Mile Eas with oletive AUMs excess ef USD 900 milion. The tansaction consideration mpis 8
FY201W/9taling EV to EBITDA! multiple of approximately 84x
Teale isa leading higher education platform that controls and operates NUE, the largest private
university in Upper Egyt with more than 5,600 enrlied stuns. The university’ ction in Beni Soe
‘ables siden from ths highly populous and underserved eon to gain aces fo igh quality edveaton
fad sate-of the-art eating methods. In aon to ie exsing 6 facutes, NUB weetly lavnted the
Faculty of Medicine fore upcoming academic year 201920, in arneshi withthe Medial Univesity
of Vienna Ineratonl, se ofthe word's large and mos renowned medica uriversies, with 08
‘ing back more than 750 eas. NUB's Fac of Medicine is Upper Egypt's only private meal faculty
tnd anef only handful nationwide
‘Commenting on the dea, Mahmoud Atala, Cl Capitals Chairman and CEO, sid “We re delighted to
announce the completion ofthis landmark soquisiton, which cement Cl Capital's position as leader ia
winging othe markt incovative transactions Tor ur stakeholders By sponsoring th deal we ave taken
major stp forward in expanding our merchant banking activity, in lne wih ou sutegy to diversify out
‘rout orig and purse growth opportunities.”
Ahmed Baten, irecoe of RMBY, sud “In 2018 we partnered with Dr Sedik Aff, the founder of
[NUB, ina unique parteship co provide high qualiy and aces edveaton toa prong student body
in Fgype. Since out investnent we worked withthe management teas led by ts CEO Mohamed El Resid
in applying our plobalexperonce in the edueation seco expan end sogment afore high quality
‘tucaion forthe boot of otdens faculty end parents calming withthe euch the new Faculty
Medien in 2019.
‘Tealsem Chairman and CEO Mohamed El Rashi ls sud “We woud like to welsme Cl Capital and its
ceiavestrs a new shareholders in Tasleem. We are confident that CI Capital wil provide us with fll
‘Support to accelerate Taalee’s next wave of growth farther coaretzing ou potion aoe ofthe ages
{nsttonaliy backed edeation plasms in EEFor investor relations relied questions please contact
‘Tarek Tantawy, Managing Director & Group Deputy CEO)
Ahmed Kara, Financial Panning & IR Senior Manager
‘Adam Hammad, lvesor Relations Aralyst
‘veto relation @eeaptel com
About CI Cepltal Holding for Financia Investments
(C1 Capital Holding for Finacial Investment is diverted financial services eoup and Ezy leading
rovierof leasing, microfinance, and investmen banking rodts and services
“Through its beadquaers in Cale and presence in New York nd Dubs, Ct Capita Holding for Financial
Investments offers a wide rngeof financial solutions to a divested lin: base that nclues global end
regional insttuions and family offices, large corporates, SMES, and high net worth and individual
Ct Capital Holding for Fiancal Investment leverages its fl-lodged investment banking platform to
provide markt leasing expt asin and M&A advisory, abst management, secures oksap, casody
fed rescach. Through Is subsiiary Cerplease, CI Capital offer compecnsive lesing shuns,
inching finance an opering leases, andsale and easehac, Serving a wide range ofeapoae clients
tnd SME In ation, Cl Captal Holding fr Financial lvesnets offers microfinance ling tough
Egypt's it ceased ME, Rew
“The Group has over 1,700 employees, edb 2 tam of professionals who are among the met experienced
Inthe Inds, with complementary backgrounds and Sil es and deep understanding oel market
manic,