KKR-Backed Lighthouse to Buy Gurugram-Based Pathways School

KKR-backed Lighthouse to buy Gurugram-based Pathways School

Lighthouse Learning Group is acquiring Pathways School Gurgaon for approximately Rs 1,500 crore. This transaction marks a significant deal within India's school education sector. The school operates as a company, which may have influenced its valuation. Lighthouse Learning has recently acquired other educational institutions in the region. New owners might adjust costs and fees to sustain school operations.

KKR-backed SmartHR pushes Tokyo IPO to 2027

Japanese HR software company SmartHR has reportedly postponed its planned initial public offering until at least 2027 after prospective investors raised concerns over the valuation sought for the business, according to a report by Bloomberg. The report cites unnamed people familiar with the matter as highlighting that the software-as-a-service (SaaS) provider had been targeting a market capitalisation of around $1bn. However, uncertainty surroun…