{
  "id": 19789606,
  "title": "Advent seeks up to $500m in renewed Learning Lab sale",
  "url": "https://urgent.news/2026/11/13/advent-seeks-up-to-500m-in-renewed-learning-lab-sale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T09:58:00.000Z",
  "source": {
    "name": "Private Equity Wire",
    "slug": "private-equity-wire",
    "url": "https://privateequitywire.com/news/advent-seeks-up-to-500m-in-renewed-learning-lab-sale"
  },
  "original_language": "en",
  "account": "Advent International is pursuing a potential sale of Singapore-based education firm The Learning Lab for a range between $400 million and $500 million, marking the second attempt to exit the business since 2021, as reported by Bloomberg. The US private equity firm has enlisted the help of an advisor to manage the sale process. A portion of the proceeds from the transaction is intended to repay a SGD$265 million private credit facility that KKR, HPS Investment Partners, and Nomura provided to Advent in 2023. The loan is set to mature in 2027. Advent originally acquired The Learning Lab in 2014 and is believed to hold full ownership of the company. The educational services provider caters to preschool, primary, secondary, and junior college students in Singapore, as well as offering online programs in countries such as Malaysia, Vietnam, Thailand, and Indonesia. The proposed sale follows a trend of reduced private equity investment in the Asia education sector, with investments falling 87% to $240 million in 2025, according to S&P Global. This decline is attributed to increased investor selectivity, concerns over artificial intelligence disruption, and a backlog of private equity exits.",
  "summary": "Advent International is seeking to sell Singapore-based education provider The Learning Lab for between $400m and $500m, marking its second attempt to exit the business since 2021, according to a report by Bloomberg. The US private equity firm has reportedly appointed an adviser to oversee the sale, with part of the proceeds expected to repay a SGD$265m private credit facility provided by KKR,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Advent Again Seeks to Sell Singapore Tutor-Chain Learning Lab",
        "url": "https://urgent.news/2026/11/13/advent-again-seeks-to-sell-singapore-tutor-chain-learning-lab",
        "published": "2026-11-13T00:54:07.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "US firm Advent seeks to sell Singapore tutor chain Learning Lab again, sources say",
        "url": "https://urgent.news/2026/11/13/us-firm-advent-seeks-to-sell-singapore-tutor-chain-learning-lab-again",
        "published": "2026-11-13T02:59:00.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US buyout firm Advent seeks to sell Singapore tuition chain The Learning Lab again: sources",
        "url": "https://urgent.news/2026/11/13/us-buyout-firm-advent-seeks-to-sell-singapore-tuition-chain-the",
        "published": "2026-11-13T04:13:18.000Z"
      },
      {
        "outlet": "VnExpress Business",
        "title": "Fast food chain Long John Silver's to shut another Singapore outlet, extending this year's string of closures",
        "url": "https://urgent.news/2026/11/13/fast-food-chain-long-john-silvers-to-shut-another-singapore-outlet",
        "published": "2026-11-13T08:11:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}