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M&A Deal Summary

Advtech Acquires Flipper International School

On December 2, 2024, Advtech acquired education company Flipper International School

Acquisition Highlights
  • This is Advtech’s 5th transaction in the Education sector.
  • This is Advtech’s 1st transaction in Ethiopia.

M&A Deal Summary
Date 2024-12-02
Target Flipper International School
Sector Education
Buyer(s) Advtech
Deal Type Add-on Acquisition

Target

Flipper International School

Addis Ababa, Ethiopia
Flipper International School is a provider of preschool and primary school education. Flipper International School was founded in 1998 and is based in Addis Ababa, Ethiopia.

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Buyer(S) 1

Buyer

Advtech

Sandton, South Africa
Category Company
Founded 1978
Sector Education
Employees7,853
Revenue 8.5B ZAR (2024)
DESCRIPTION

Advtech provides education and staff placement services. Advtech was founded in 1978 and is based in Sandton, South Africa.

DEAL STATS #
Overall 5 of 6
Sector: Education M&A 5 of 6
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Ethiopia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-30 University of Africa

Lusaka, Zambia

University of Africa is an educational institution that offers undergraduate and postgraduate programs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-07 Regis Runda Academy

Nairobi, Kenya

Regis Runda Academy is a private, international school. Regis Runda Academy was founded in 2024 and is based in Nairobi, Kenya.

Buy -
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