Tag: Cappella Educore

Education, Press Release

Cappella Educore expands student housing footprint with new acquisition in Bengaluru

New Co-CEO Anuraag steers investment with AnaCap to acquire a 1000 student bed facility from IFIM Institutions in Electronic City of Bengaluru Hyderabad (Telangana) [India], October 28: AnaCap Financial Partners (“AnaCap”), a leading specialist mid-market private equity investor and Cappella Educore, the dedicated education infrastructure (“Edu Infra”) vertical of Cerestra Ventures, have acquired student housing assets from Bengaluru-based IFIM Institutions (“IFIM”), operated under the aegis of Centre for Developmental Education.Sitting within AnaCap’s mid-market sweet spot, the transaction involved the acquisition of 1,000 student beds, including a combination of existing and a pipeline of new beds fully underwritten by IFIM. Located in Electronic City, Bengaluru, the student housing ca...