In business, networking is one of the most effective tools for advancing an organization’s professional standing. A strong Private Education Institution business network demonstrates solidarity and a united sector capable of advancing agendas, creating value, and enhancing the overall Private Education Sector’s market position. EV Network, supported and funded by EduValue, is a free membership network to fulfil the gap of an independent network with the aim to bring up the standing of the Private Education Institution sector in Singapore.
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With the increase in focus on lifelong learning and continuous improvement, the Training and Adult Education (TAE) industry has been growing in recent years. This article explores the factors that contribute to breaches in the regulatory framework and proposed solutions that EduValue is able to implement which helps to negate these risks. It is relevant for organisations within industries such as TAE, Private Education Institution (PEI), Institute of Higher Learning (IHL), Workforce Skills Qualification (WSQ) and Approved Training Organisations (ATO).
The increased in global and local M&A activities has trickled down to Singapore’s Private Education Industry Sector where many deals are happening. EduValue, together with EV Global, is expected to close M&A deals for 4 Singapore Private Education Institutions (PEIs) in Q1 of 2022 alone. In this article, we would like to share the key reasons for these acquisitions and some of the key elements that make these acquisitions attractive for investors that are interested in the Singapore Private Education Industry Sector and also how we could assist Singapore PEIs in their exit strategies.
M&A as a promising exit strategy for struggling Private Education Providers in Singapore – it is the right time!
For several years, PEIs have seen a sustained decline in student numbers. The challenging Covid-19 landscape does not make it easier for PEIs to operate, even more so when means and resources to go regionally or internationally are limited.
Over the years, the Singapore private education sector has encountered constant and tremendous challenges. It is estimated that the private education sector in Singapore is worth S$3 billion (US$ 2.21 billion), and in 2020 approximately 121,000 private school students enrolled in the Singapore Private Education Institutions (PEIs) (3).
How have PEIs coped with ensuring their survivability amidst COVID-19? What has student recruitment and business continuity strategies looked like? What are some areas for improvement that if tackled, would put PEIs in better standing to survive and thrive?