On this occasion, Mozaik Investments announced it would invest around EUR30 million in new campuses and the expansion of enrollment capacity, as well as the development of the IB program.
The acquisition is pending competition watchdog approval.
Genesis College, launched 25 years ago, is in full expansion process via the relocation of all education levels to former Petrom Tower building, reconverted from an office tower into an education unit in the wake of over EUR2 million investments.
The new location will allow Genesis to double its capacity from 500 to 1,000 students for the new campus to be able to host as many as 3,000 students in the future.
Genesis College was legally assisted by a multidisciplinary team of Wolf Theiss, while Mozaik Investments was assisted by Filip & Company.
Mozaik Investments was founded in 2019 by Roland Haas, a private equity veteran, entrepreneur Sacha Dragic and Vlad Busila, a former M&A banker.
(English version by Catalina Apostoiu)