M&A Deal Summary

Foursan Group Acquires Sands National Academy

On December 30, 2019, private equity firm Foursan Group acquired education company Sands National Academy

Acquisition Highlights
  • This is Foursan Group’s 2nd transaction in the Education sector.
  • This is Foursan Group’s 10th transaction in Jordan.

M&A Deal Summary
Date 2019-12-30
Target Sands National Academy
Sector Education
Buyer(s) Foursan Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Sands National Academy

Khalda, Jordan
Sands National Academy is a 2,500 student, K-12 school-based in Jordan offering 3 educational programs: Tawjihi (national curriculum), SAT, and IGCSE. Sands National Academy was founded in 2007 and is based in Khalda, Jordan.

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Buyer(S) 1

Buyer

Foursan Group

Amman, Jordan

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Foursan Group is a private equity firm focused on opportunities in the Middle East. Foursan has launched multiple growth capital funds in partnership with leading regional and global investors to invest across a broad range of industries in the financial services, education, pharmaceutical, healthcare, aviation, and food/beverage sectors.

DEAL STATS #
Overall 12 of 18
Sector (Education) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 3 of 4
Country (Jordan) 10 of 15
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-31 ATICO

Amman, Jordan

ATICO is a diversified hospitality group in Jordan that operates one boutique hotel and 15 leading restaurants, cafes, and pubs that offer a variety of regional and international cuisines which target a broad customer base.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Polymedic

Casablanca, Morocco

Polymedic is a generic pharmaceuticals manufacturer with a portfolio of approximately 190 registered products in a wide range of therapeutic areas including dermatology, cardiovascular, ENT, and CNS. Polymedic was founded in 2001 and is based in Casablanca, Morocco.

Buy -
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