Helios is on its way to taking a controlling stake in Morocco’s MK Holding (Mohamed Kabbaj)
Less than two years after joining a funding round for MK Holding Group (MKH), Helios Investment Partners says that it is seeking to have a “decisive influence” in the management of the company founded by Mohamed Kabbaj.
21/05/2020 at 17h47, by Africa Business+
Helios and MKH inked their first partnership agreement in October 2018 when the London-based investment firm, which had already invested nearly $3.6bn in assets in Africa since 2004, took a stake in the group – whose main subsidiary is KMR Holding Pédagogique (KMR), the parent company of Université Privée de Marrakech (UPM) – as well as in two additional higher education institutions, one in Casablanca and the other in Senegal.
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