Kleoss Capital, a leading South African private equity firm, is pleased to announce a significant investment in ThriveEd, an innovative education platform dedicated to expanding access to quality independent schooling across South Africa.
ThriveEd partners with existing independent schools that share its vision and commitment to educational excellence, supporting their growth and expansion to reach more learners nationwide. This investment marks the first education sector deal for Kleoss Capital’s Fund II, which is backed by 27four Investment Managers.
Hale Matsipa, CEO of Kleoss Capital, commented, “We are excited to partner with ThriveEd as our maiden education investment in Fund II. This collaboration aligns with our strategy of backing mid-market companies that demonstrate operational success, resilience, and the potential for significant social impact. The education sector is a key focus for us, and we believe ThriveEd is well-positioned to drive meaningful change and job creation in South Africa.”
Kleoss Capital’s investment in December 2021 will provide ThriveEd with the growth capital and strategic support needed to expand its footprint, enhance its service offering, and create more opportunities for learners and educators alike. The partnership is also expected to deliver strong returns for investors while advancing transformation and inclusive growth in the private education sector.
Zain Laher, Partner at Kleoss Capital, added, “Our investment in ThriveEd reflects our commitment to impactful investing. By supporting platforms that combine financial sustainability with high social and ESG impact, we aim to contribute to the broader development of South Africa’s education landscape.”
This investment underscores Kleoss Capital’s ongoing mission to identify and grow high-potential businesses that deliver both commercial returns and positive societal outcomes.
For more information about Kleoss Capital or ThriveEd, please contact Media Relations Kleoss Capital using info@kleosscapital.com.