I Can Read
I Can Read is the largest English language enrichment player in Singapore. It caters to pre-school and primary school children, serving more than 10,000 students across 24 centres. It also has strong regional presence across eight other countries in the Asia Pacific regions, with more than 11,000 students in over 100 centres.
In 2019, Tower Capital Asia backed management to acquire the company in an MBO.
"Tower Capital Asia is a cut above the rest. Their execution capabilities, excellent network, together with a well thought-out investment structure, enabled the completion of our management buy-out within a short time frame."
"The Management and Tower Capital Asia are aligned in implementing value creation strategies coupled with good corporate governance and we believe that this will result in sustainable business growth and improved valuation for our Company."
Chan Huang Yee
Executive Director, I Can Read