Asafo & Co advised Holged on Kenzi’s acquisition

Asafo & Co advised Holged, a group of first rate educational establishments, on the acquisition of Kenzi, a nursery in Casablanca.

The transaction is in line with the  Group’s development strategy, which aims to extend its educational offering to early childhood.

Asafo & Co operated with a team which partner Patrick Larrivé (pictured) led, and further included Safaa El Khammal, Zineb Benabdellah and Souhail Sassi.

Holged and Kenzi

Holged, founded in 1986, has over 17.000 students, from kindergarten to senior high school. It is affiliated to 6 benchmark educational brands (the Yassamine, Jouri, Al Jabr and Al Massalik schools in Morocco, ISC in Tunisia and the Ecole Française Internationale de Sharjah in the United Arab Emirates) and owns 18 campuses. Kenzi a nursery school established in Casablanca in september 1999 and renowned for its commitment to quality education from an early age. It will benefit from Holged’s expertise to ensure its development throughout Morocco.