Investment press release - Lottus Education

Lottus Education (“Lottus”) announced today its investment in Universidad Americana del Noreste (“UANE”). Through this investment, Lottus takes another important step in its mission to transform students’ lives through affordable education programs with academic excellence and a unique student experience. This investment also cements the group’s position as a leading higher education platform in Mexico and Latin America.

Through active strategic and operational support, Lottus implements a student-centric value proposition and accelerates the development of its network of schools through organic and inorganic growth. Lottus continues to shine by its data driven mindset coupled with a digital DNA, building a tailored education model to better support students in their journey.

Further terms of the transaction were not disclosed.

About Lottus Education

Founded in 2015, Lottus is a leading platform of higher education in Mexico and Latin America. Lottus is backed by a top-caliber set of investors including Credit Suisse Mexico Credit Opps., Alta Growth Capital, Arzentia Capital, Stella Maris Partners, the IFC, among others. Through its operating brands, Universidad de las Tres Culturas (“UTC”), Universidad Latinoamericana (“ULA”), Colegio Indoamericano (“Indo”) and now UANE, Lottus offers high-school, undergraduate and graduate educational programs, and services, both online and on-campus in Mexico. Lottus has circa 60,000 enrolled students.

About UANE

Founded in in 1974, UANE is a leading institution with more than 12,000 students in several learning modalities: high-school, traditional undergraduate & graduate, with online and on- campus programs. With eight campuses across the states of Coahuila, Tamaulipas, and Nuevo Leon, UANE offers 89 programs and has received the highest possible level of private institutional accreditation “Lisa y Llana” (plain and simple) from The Mexican Federation of Private Higher Education Institutions (FIMPES).