Genius Group’s Latest Acquisition Creates World's Largest Entrepreneur Education Business
On Friday 17th July 2020, our client, Genius Group announced it had completed the acquisition of Entrepreneur Resorts Ltd, comprising luxury resorts and lodges, beach clubs and city co-working hubs for $32.6 million.
The acquisition results in a combined entrepreneur education group with over 1.4 million students in 200 countries, and a faculty of 2,000 mentors guiding students to launch and grow their own businesses.
Genius Group, a Singapore based public company, also owns the GeniusU edtech platform, Genius Institute and the Genius School companies. It has been experiencing 25% month-on-month growth during the COVID-19 crisis, as many affected by the crisis have turned to online education to start businesses and reskill themselves.
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