Emeritus, the global platform in making quality education accessible and affordable to individuals, companies, and governments around the world, has announced that it has secured $350 million in debt financing from Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments Inc.
According to an official statement, the latest funding will be used by the Mumbai-based firm to fuel mergers and acquisitions as part of a robust global growth strategy.
“Emeritus will expand our mission of making education accessible around the world by deepening our investment in the education space to reach different segments and audiences. Our acquisition pipeline will enable us to accelerate growth, impact more learners, and improve our profitability.”