Djingov Gouginski Kyutchukov & Velichkov has advised Maple Bear on its EUR 100 million investment program for the CEE region through a partnership with Vantage Capital. Boyanov & Co reportedly advised Vantage.
Maple Bear offers Canadian bilingual teaching methodologies and strategies, utilizing Canadian and local curriculums in full conformity with local education regulations. There are currently more than 570 Maple Bear Early Childhood, Elementary, and High School franchises in more than 30 countries.
According to DGKV, Maple Bear is “partnering with Vantage Capital to expand the Maple Bear Franchise Network. This partnership with Vantage Capital Fund Managers gives it the financial firepower to achieve ambitious growth targets to build a school network of over 200 schools in the region.”
According to the firm, “the Vantage investment program in Maple Bear Central & Eastern Europe has four components: the capitalization of Maple Bear Polska, which plans to open more than 40 schools, the capitalization of Maple Bear Czech Republic, which will target more than 20 schools, an equity investment into the regional head office to strengthen the quality of the education support offered to Maple Bear School owners, teachers, and children, and a real estate funding program to enable Maple Bear school owners to build large, flagship K12 schools in prime locations.”
DGKV’s team included Partner Omourtag Petkov and Senior Associate Ivan Punev.