A trio of funds managed by Swiss Life Asset Managers have acquired a majority interest in Spanish education services provider Educare from Gestión de Centros Educativos and Alma Terra Mater (ATM) for an undisclosed sum.

Swiss Life Funds LUX Global Infrastructure Opportunities IV, Swiss Life Funds LUX Privado Infrastructure and Swiss Life Investment Foundation Infrastructure Global ESG have taken the controlling stake in the provider of education services with eight schools in Madrid.

Educare’s CEO, Carlos Madruga, will remain a shareholder.

As part of the deal, Swiss Life Asset Managers will contribute additional capital to support the company’s growth.

Gabriele Damiani, head of core/core-plus infrastructure international at Swiss Life Asset Managers, said: “Investing in Educare represents a unique opportunity to contribute to the future of education in Spain.

“Educare’s commitment to educational excellence aligns favourably with our long-term investment strategy, and we look forward to supporting the growth of the platform while preserving its distinguished legacy.”

Madruga said: “Swiss Life Asset Managers’ investment in Educare represents a decisive step in the consolidation and expansion of our educational project. This alliance will enable us to continue our steady growth, reinforcing the quality of our facilities and programs while preserving the values that define us.

“We share a long-term vision grounded in excellence, sustainability and the wellbeing of our students. It is an opportunity to continue shaping the future through education.”

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