Kibo Capital Partners is proud to announce that it has acquired a majority stake in a tertiary education group, Transcom S.A. This marks Kibo’s eleventh and final deal from its second fund.
The capital will go towards the construction of a new campus enabling the University to broaden its course offering and address the current capacity constraints. Transcom offers courses across engineering and business management areas. The University is seen as the leader in the Mozambican Tier I private education segment in the area of engineering.
Transcom was founded in 1998 by 5 reputable shareholders comprised of both private and public Portuguese and Mozambican companies. The company has a student body of about 3500 students as at date and this is expected to increase substantially with the opening of the new campus.