Casablanca, Morocco: Helios Investment Partners ("Helios"), the leading Africa-focused private investment firm, has today announced a partnership with Mohamed Kabbadj, founder and CEO of KMR Holding Pédagogique (“KMR”), the leading private higher education group based in Morocco. Helios’ investment will serve to support the rapid development plan of KMR, both in Morocco and across Francophone Africa, as well as to establish a student housing platform in the region.
With the recent acquisition of Université Internationale de Casablanca and the opening of a new private medical university, KMR is now the largest Francophone higher education platform in Africa. Serving more than 8,000 students, the group offers degree programs in several fields including Engineering, Management, Tourism & Hospitality as well as executive programs. Helios’ investment will serve to contribute to KMR’s development phase focused on consolidating its position as one of the foremost tertiary education providers in Francophone Africa.
Having established a successful purpose-built student accommodation platform in Kenya, Helios looks forward to applying its student housing development expertise across Francophone Africa.
Mohamed Kabbadj, founder and CEO of KMR, said: “Helios' network and investment expertise in Africa will help accelerate KMR's development plans in the region, and strengthen our leadership position in higher education in Francophone Africa. We would also like to expand into the growing student housing market and build on Helios' successful experience in Kenya.”
Zineb Abbad El Andaloussi, Partner at Helios, commented: ”We are pleased to partner with Mr. Mohamed Kabbadj to consolidate KMR’s leadership position in tertiary education in Francophone Africa. We are very optimistic about the growth prospects of the higher education market in Africa, including student housing, and we strongly believe in KMR’s ability to rapidly expand across the region.”
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Contact:
Fergus Wheeler / Louisa Feltes / Jess Gill: 020 3727 1000, schelios@fticonsulting.com
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