Nexxus Capital has completed its divestment from Mexican English language teaching institution Harmon Hall with a sale to Talisis, a subsidiary of Grupo Topaz.
(Press Release) Nexxus announces that on March 26th, 2019, it fully divested from Harmon Hall Holding, S.A de C.V. (“Harmon Hall” or the “Company”), a portfolio company from Nexxus Capital Private Equity Fund III.
Harmon Hall is a leading English language teaching institution in Mexico with more than 51 years of experience and 105 schools in operation, making it the largest school network nationwide. Of all Harmon Hall schools, 76 are owned and 29 are franchised.
The Company has been acquired by Talisis, a subsidiary from Grupo Topaz, a strategic investor with experience in the educational sector. 414 Capital and Ibis Capital advised the Company and its shareholders on the transaction.
We sincerely thank our co-investors in the Company, management and operation team, and all those involved in the conclusion of this investment cycle.