MoneyWorks4Me

Educomp Solutions’ arm to sell its entire 55.41% stake in Gateforum Educational Services

21 Jul 2014 Evaluate

Educomp Solutions’ subsidiary - Educomp Online Supplemental Service, has executed definitive agreements to sell its entire 55.41% shareholding in Gateforum Educational Services to ASK Pravi Private Equity Opportunities Fund acting through its trustee IL&FS Trust Company. The transaction completion is subject to fulfillment of customary conditions precedents.

Educomp Solutions provides learning solutions to schools, governments, teachers, students and parents. It has research and development center located at Noida that creates quality products and services. The solution is based on education principles that help them to design education systems.

Peers
Company Name CMP
NIIT Learning System 223.60
Aptech 87.90
NIIT 87.30
Excelsoft Tech. 79.48
Compucom Software 12.83
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