Hogan Lovells advises Navis Capital Partners on its acquisition of Thanh Thanh Cong Education JSC

Press releases | 10 June 2019

Hogan Lovells has acted for its long standing client, Navis Capital Partners (Navis), an Asia-based private equity firm, on its acquisition of Thanh Thanh Cong Education JSC (TTCE) in Vietnam.

Navis is a leading private equity investment firm which currently manages approximately US$5bn in public and private equity capital and focuses on investments primarily in and around Asia. Navis contributes both capital and management expertise to a limited number of well-positioned companies with the objective of directing strategic, operational, and financial improvements. Navis has a long and proven track record in pan-Asian private equity, with over 80 control transactions across the Asian region since its establishment in 1998.

TTCE is a leading private school chain operating in southern Vietnam. It currently owns and operates 17 schools and English training centers and, has identified and secured land for an additional four schools which will open by academic year 2020/2021. Navis and its partners will continue to grow the platform by opening new schools in underserved areas and expanding services in both new and existing schools.

The complex cross-border transaction involved both the Singapore and Vietnam teams of Hogan Lovells. The Hogan Lovells Lee & Lee team advising Navis was led by Singapore Managing Partner and Asia Pacific Head of Corporate Stephanie Keen, who was assisted by Senior Associate Danielle Wu and Trainee Solicitor Taylor Harris in Singapore. The Singapore team was supported by the following members of the Vietnam office: Jeff Olson (Partner), Samantha Campbell (Partner), Long Huynh (Senior Associate), Mai Phuong Nguyen (Associate), My Doan (Associate), Ngan Tran (Trainee Solicitor), and Phuong Anh Ngo (Trainee Solicitor).

Stephanie Keen commented, "We are delighted to once again partner up with Navis Capital on this exciting opportunity in a key development market for South East Asia."


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