PROJECT

Projects

Summary of Investment Information

Project Number

32648

Company Name

SER EDUCACIONAL S.A.

Date SPI Disclosed

Dec 10, 2012

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Jan 10, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Oct 30, 2022

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Health, Education and Life Sciences

Previous Events

Approved : Jan 22, 2013
Signed : Jun 30, 2015
Invested : Aug 3, 2015

Sector

Colleges, Universities, and Professional Schools

Project Description

Ser Educacional S.A. (“Maurício” or the “Company”) is a for-profit higher education company providing undergraduate, graduate and technical education to students in the North and Northeast regions of Brazil. The Company has approximately 55,000 students mainly from the middle and low income social classes. Maurício currently runs fifteen campuses in ten different states. Mauricio is undertaking a 2-year investment program to (the “Project”): (i) modernize and improve its existing campuses; (ii) open 2 new campuses in the Northeast of Brazil; and (iii) make new acquisitions.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation