{"id":865359,"date":"2026-07-03T10:00:00","date_gmt":"2026-07-03T08:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=865359"},"modified":"2026-07-03T09:40:20","modified_gmt":"2026-07-03T07:40:20","slug":"private-school-group-in-south-africa-selling-for-r172-million","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/865359\/private-school-group-in-south-africa-selling-for-r172-million\/","title":{"rendered":"Private school group in South Africa selling for R172 million"},"content":{"rendered":"\n

The sale of Generation Education Group to the Education Investment Impact Fund of South Africa (EduFund) has received the green light from the Competition Commission. <\/p>\n\n\n\n

The commission has recommended that the Competition Tribunal approve the proposed deal, believing it is unlikely to lessen or prevent competition in any market substantially. <\/p>\n\n\n\n

The Generation Group is being sold by JSE-listed Trematon Capital Investments in a R172 million deal. EduFund is managed by Old Mutual Alternative Investments (OMAI). <\/p>\n\n\n\n

The school group was founded in 2016 following a partnership between entrepreneur Jevron Epstein and Trematon, and goes beyond traditional teaching methods. <\/p>\n\n\n\n

Since its foundation, the school group has grown massively, opening five locations in the Western Cape and one in Gauteng. <\/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. <\/p>\n\n\n\n

The school previously said that the sale represents more than a change in shareholding and creates an opportunity to accelerate the school\u2019s mission of delivering high-quality education.<\/p>\n\n\n\n

Central to the rationale is Generation Trade Schools, the group\u2019s vocational and skills pathway offering that aims to address critical shortages in technical and artisanal skills in the local economy. <\/p>\n\n\n\n

\u201cOur 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,\u201d said Generation Schools CEO Jevron Epstein.<\/p>\n\n\n\n

\u201cEducation must become increasingly connected to real-world outcomes,” said Generation Schools CEO Jevron Epstein.<\/p>\n\n\n\n

“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

In its growth strategy, the group will scale Generation Trade Schools and vocational pathways to address critical skills gaps and provide affordable schooling in underserved communities. <\/p>\n\n\n\n

It also wants to expand South African curriculum-based schools designed to serve local families while maintaining high academic standards. <\/p>\n\n\n\n

The deal will also see the existing Generation management team continuing to lead the business. <\/p>\n\n\n\n

Did not meet expectations <\/h2>\n\n\n
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Trematon said that the sale of the Generation Group comes after the group did not meet its early growth expectations. <\/p>\n\n\n\n

Despite Generation’s potential, Trematon said it will take several years to fully realise it. It added that while Generation accounted for a major part of its net asset value, its share price did not reflect this. <\/p>\n\n\n\n

Trematon\u2019s board of directors thus said that the disposal and distribution of the resulting net proceeds will result in value for shareholders.<\/p>\n\n\n\n

The profit attributable to the Generation Group for the six months ended 28 February 2026 was R3.06 million.<\/p>\n\n\n\n

\u201cWe are deeply grateful to Trematon for believing in the vision of Generation Schools from the beginning,\u201d said Epstein.<\/p>\n\n\n\n

\u201cTheir support, guidance, and commitment over the past ten years have enabled us to build a strong foundation.\u201d<\/p>\n\n\n\n

Kelly Joshua, the Head of Education Investing for OMAI, said South Africa’s skills deficit is one of the main challenges facing the country. <\/p>\n\n\n\n

\u201cGeneration Schools has built something genuinely differentiated as a group that combines rigorous academic schooling with vocational and trade pathways that lead directly to employment,” said Joshua. <\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Competition Commission has given the go-ahead to Tematon’s sale of the Generation School Group for R172 million. <\/p>\n","protected":false},"author":95,"featured_media":863425,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[1879,25584,25725],"class_list":["post-865359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-competition-comission","tag-generation-education-group","tag-trematon"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=865359"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865359\/revisions"}],"predecessor-version":[{"id":865371,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/865359\/revisions\/865371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/863425"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=865359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=865359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=865359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}