Lottus Education (“Lottus”) announced today it has obtained majority control of Colegio Indoamericano (“Indo”). Through this investment, Lottus advanced in its mission to transform students’ lives through affordable education programs with academic excellence and unique student experiences and cements the groups 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 growth and development of its network of schools and institutions through organic and inorganic initiatives.
Further terms of the transaction were not disclosed.
About Lottus Education
Founded in 2015, Lottus is a leading platform of higher education in Mexico. Through its operating brands, Universidad Tres Culturas (“UTC”), Universidad Latinoamericana (“ULA”) and now Indo, Lottus offers high-school, undergraduate and graduate educational programs and services, online and on-campus in Mexico. Lottus has over 47,000 enrolled students.
Founded in 1975, Indo is a renowned high-school in Mexico with over 1,200 students with a handful of high-school modalities. With a state-of-the-art campus in Tlalnepantla, Estado de Mexico, Indo offers multiple learning opportunities. In 2018 Indo started a digital transformation, that allowed the school to be ready to successfully tackle COVID pandemic moving forward to obtain the Google Reference School certification.