Nelnet Business Services Acquires India's Entab, Adding 1,000-Plus Schools

PR Newswire··INUS·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Nelnet Business Services, a division of Nelnet, Inc., has acquired Entab Infotech Pvt. Ltd., an Indian provider of school administration, management, and learning technology software. The deal extends NBS's school management, tuition, and campus-technology offerings into India, one of the world's largest K-12 education markets, and the business will operate as "Entab, a Nelnet company," preserving the Entab brand, leadership, and customer relationships. Founded and headquartered in New Delhi in 2000, Entab serves more than 1,000 schools and supports over 1.5 million students in 28 states across India through its flagship CampusCare platform. Entab CEO and co-founder Lawrence Zacharias and co-founder Shaji Thomas, along with Entab's 290 associates, will remain with the company and keep its existing New Delhi offices. Cyril Amarchand Mangaldas acted as India legal advisor and Baker McKenzie as international legal counsel for Nelnet, while Moxie Capital Mumbai was financial advisor and Khaitan & Co. legal advisor to Entab's shareholders.

Impact on assets 2

Financials▲
Nelnet Inc
NNI
▲ PositiveCapitalrelevance

Nelnet's division acquires Entab, expanding its school management and campus-technology business into India's K-12 market.

Others▲

Off-coverage companies 6

Entab Infotech Pvt. Ltd.i
Private▲ PositiveCapitalrelevance

Entab is acquired by Nelnet Business Services, preserving its brand, leadership, and customer relationships.

Nelnet Business Servicesi
Private▲ PositiveCapitalrelevance

Nelnet Business Services acquires Entab, extending its school management, tuition, and campus-technology offerings into India.

Baker McKenziei
Private± Mixedrelevance

Cyril Amarchand Mangaldasi
Private± Mixedrelevance

Khaitan & Coi
Private± Mixedrelevance

Moxie Capital Mumbaii
Private± Mixedrelevance