Generation Schools has been acquired by the Education Investment Impact Fund of South Africa (EduFund), with the school group planning to offer a curriculum to address the nation’s skills shortage. <\/p>\n\n\n\n
EduFund is managed by Old Mutual Alternative Investments (OMAI) and acquired Generation from JSE-listed Trematon Capital Investments in a R172 million deal. <\/p>\n\n\n\n
The school group was founded in 2016 via a partnership between entrepreneur Jevron Epstein and Trematon. <\/p>\n\n\n\n
The schools were created with the goal of reimagining education by placing future readiness at the centre of the learning experience. <\/p>\n\n\n\n
Over the last decade, the school group has grown massively, opening five locations in the Western Cape and one in Gauteng. It now serves thousands of students across the country. <\/p>\n\n\n\n
The school said that the sale represents more than a change in shareholding and creates an opportunity to accelerate the school’s mission of delivering high-quality education. <\/p>\n\n\n\n
This education will help students contribute to the economy, in addition to their academic success, given the high rates of youth unemployment. <\/p>\n\n\n\n
Central to the rationale is Generation Trade Schools, which is the group’s vocational and skills pathway offering. <\/p>\n\n\n\n
The arm aims to prepare students to meet critical shortages in technical and artisanal skills across the South African economy.<\/p>\n\n\n\n
“Our responsibility is not simply to educate students, it is to help shape young people who can contribute meaningfully to their communities and the broader economy,” said Generation Schools CEO Jevron Epstein. <\/p>\n\n\n\n
“Education must become increasingly connected to real-world outcomes. EduFund and OMAI share that conviction, and this partnership gives us the long-term capital and expertise to accelerate that work at scale.\u201d<\/p>\n\n\n\n
The group has outlined a growth strategy that is focused on expanding educational access and creating direct pathways to employment and entrepreneurship. <\/p>\n\n\n\n
This includes Scaling Generation Trade Schools and vocational pathways to address critical skills shortages across the South African economy.<\/p>\n\n\n\n
The school also plans to expand access to affordable schooling in underserved and emerging communities. <\/p>\n\n\n\n
It also wants to grow South African curriculum-based schools, which are designed to serve the needs of local families while maintaining high academic standards.<\/p>\n\n\n\n
There are also plans to deepen workplace learning, industry partnerships, and employability-focused programmes across all educational offerings. <\/p>\n\n\n\n
The deal will see the existing Generation management team continuing to lead the business, ensuring continuity. <\/p>\n\n\n\n
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