Our successes are proof of our model, approach and commitment to delivering

CHINA

The Rise English Language Learning business in China was established in 2008 and successfully sold in October 2013.

Growing the Business

  • Rise entered the education market in China in early 2008.
  • The brand launched with just one partner center, experienced tremendous growth. By Dec 2012 it grew to 33 Rise owned centers and 102 franchise centers with over 37,000 students.
  • The brand developed a strong sense of loyalty among franchise owners, parents, and students (with a retention rate of over 70%), a strong testament to our methodology and unique content.

Successful Exit

  • Original investment of approx. US$6 million.
  • In 2013, founding shareholders successfully divested Rise China Business to Bain Capital.
  • Sold for US$145 million. Represents 14x multiple of 2012 reported EBITDA
  • RISE maintains an ongoing relationship with RISE China for operational reasons, though no longer directly invested in China
Watch: Our success in China