Matrix Partners India Investment Holdings LLC has sold 13.67 lakh shares of Tree House Education & Accessories (Tree House) through the open market route. The shares were sold on an average price of Rs 384.16 valuing the transaction to Rs 52.51 crore.
Tree House Education & Accessories is one of the leading providers of educational services in India. The company operates the largest number of self-operated pre-schools in India. The company has been ranked amongst the 100 Small Business of the year 2010 in the annual survey conducted by the Franchising World.