Helmy, Hamza & Partners, Baker McKenzie Cairo, has acted as the lead counsel for the Sovereign Fund of Egypt on its proposed investment in an educational platform (Lighthouse) targeted at reinforcing school education in Egypt. The transaction was driven alongside a strategic consortium of investors including Banque Misr, Misr Insurance Holding and Suez Canal Bank and a number of other investors. The educational platform will be spearheaded by Ironwood Investments and investor Hossam Kabbani with a target investment amount of EGP 1.75 billion.
The funds raised will be used to financially support the education sector across Egypt with a primary focus on providing high-quality education to the middle-class at pre-university schools by building new schools and improving students’ experiences with distinguished educational solutions.
"We are glad to have supported our client yet on another successful transaction. It is a landmark project that will be pivotal in securing improved educational offering for Egypt’s upcoming generation by providing them with high-quality educational programs and wide access to middle-class that surely makes a difference. We wish our client, other investors and management team every success on the next stage of their journey,” said lead partner in the transaction, Hani Nassef at Helmy, Hamza & Partners, Baker McKenzie Cairo.
The Helmy, Hamza & Partners, Baker McKenzie Cairo team was led by partner Hani Nassef and counsel and co-head of compliance Hesham Ragab with support from associate Ahmed Shehata.
The funds raised will be used to financially support the education sector across Egypt with a primary focus on providing high-quality education to the middle-class at pre-university schools by building new schools and improving students’ experiences with distinguished educational solutions.
"We are glad to have supported our client yet on another successful transaction. It is a landmark project that will be pivotal in securing improved educational offering for Egypt’s upcoming generation by providing them with high-quality educational programs and wide access to middle-class that surely makes a difference. We wish our client, other investors and management team every success on the next stage of their journey,” said lead partner in the transaction, Hani Nassef at Helmy, Hamza & Partners, Baker McKenzie Cairo.
The Helmy, Hamza & Partners, Baker McKenzie Cairo team was led by partner Hani Nassef and counsel and co-head of compliance Hesham Ragab with support from associate Ahmed Shehata.
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