Anhanguera Edu

completed

Anhanguera Educacional Participações S.A. (the “Company” or “AES”) is Brazil’s leading private, for-profit professional education company. The Company delivers education services through its: i) campus network (Anhanguera Educacional); ii) vocational training centers (Microlins); and iii) distance learning platform (Anhanguera/LFG). The majority of AES’s students are young working adults from middle and low-income backgrounds. The Company focuses on delivering the market’s best combination of quality and value through: i) conveniently located campuses; ii) standardized and updated curricula; iii) qualified faculty; and iv) strict quality control. Management’s growth strategy focuses on growing its on-campus students, distance learning, and vocational training units. IFC’s proposed investment consists of an A Loan for up to approximately $25.0 million (R$50 million) to partially fund its growth over the next year.Founded in the early 1990’s from a single college, the Company today is the largest post-secondary education institution in Brazil, with an average enrollment of 141,000 students in 2008 distributed across 52 campuses and 450 distance-learning centers. With an additional 500,000 students/year in vocational training programs, AES has educated over 700,000 young working adults in Brazil in 2008, more than any other education institution in the Americas.