UK fund closes Sh3.6bn buyout of Brookhouse

The owners of Brookhouse School have sold the institution to Educas, a United Kingdom-based private equity fund, for Sh3.6 billion, making it one of the biggest transactions in Kenya’s high-end education sector.

Among those who sold their interest are the school’s founder Piyush Mehta, who held a 25 per cent stake in the institution, and Victoria Bank, whose stake stood at 20 per cent.