MT Educare has transferred its pre-school division comprising of 6 company operated centres along with all its assets and liabilities, intellectual property and other rights relating thereto to Tree House Education and Accessories (Tree House) on a ‘going concert’ and that the transaction has been concluded. MT Educare had earlier entered into a business purchase agreement with Tree House Education and Accessories for the same.
MT Educare provides educational coaching services for classes 9 and 10 (state boards, CBSE and ICSE), classes 11 and 12, graduation (commerce), preparatory/entrance tests (engineering, medical and MBA) and professional courses such as chartered accountancy under the brand name “Mahesh Tutorials”.
