World · Singapore Bureau
Advent Makes Fresh Push to Divest Learning Lab Singapore Tuition Chain
The US private equity firm is attempting to sell the local education provider for a second time, having previously sought a buyer in 2021. The move signals continued efforts to exit the investment after several years of ownership.
LSN Singapore ·
Advent International is exploring options to divest Learning Lab, its Singapore-based tuition and education services business, according to sources familiar with the matter. The divestment effort marks the second attempt by the American private equity house to sell the asset, with the first unsuccessful bid dating back to 2021.
Learning Lab operates as one of Singapore's established tutoring chains, offering educational programmes to students across multiple levels. The company has maintained a presence in the local education market through its network of centres and specialised curricula.
Advent's renewed push to find a buyer suggests the firm is reassessing its portfolio strategy in the region. Private equity firms typically seek exits within defined timeframes, and a multi-year holding period often prompts renewed divestment efforts if previous attempts have stalled.
The tuition and education sector in Singapore remains attractive to investors, though valuations and market conditions influence transaction activity. Details on the current sales process, including potential buyers or timelines, were not immediately available. Advent International has not publicly commented on the matter.