Emerging market private equity firm Actis, has made a significant investment in Université Centrale Group (Université Centrale), a provider of private tertiary education in Tunisia.
Founded and managed by the Ben Turkia family, the university’s four schools offer courses across medical, legal, engineering and business disciplines.
Rick Phillips, Partner and Head of North Africa at Actis, says: "There is a clear growth in demand for high quality tertiary education across emerging markets. Actis has invested behind this trend repetitively across Asia and Latin America. We are delighted to be partnering with the Ben Turkia family and joining the next stage of Université Centrale's successful journey".
Hichem Omezzine, Investment Principal at Actis, says: “North African families have always valued education. Tunisia has a well-deserved reputation for high standards of education, which is sought after not only by Tunisians but also students across Francophone Africa.”
Slah Ben Turkia and Chedia Ben Turkia say: "Actis has a deep understanding of the education sector and is a specialist in emerging markets. Its experience of education investments in Asia and Latin America will help Université Centrale's next phase of growth. We are delighted to have Actis on board and look forward to its support in institutionalising our business and enhancing the quality of education."
