Bahema Buys Schools and Partners with Ânima

Bahema Educação acquired three Ânima-owned schools in Santa Catarina and secured an agreement to open at least five additional schools in Ânima’s higher-education campuses.

According to CFO Guilherme Affonso Ferreira Filho, this deal is “a win–win. For us, it’s an efficient expansion because we save on capex and pay variable rent based on revenue. Meanwhile, Ânima monetizes spaces that would otherwise remain unused as they transition to hybrid education.”

The total transaction is valued at R$30 million, with R$18 million paid at closing and R$12 million due by May 2022. Additionally, an earn-out of about R$6 million may be paid through 2024.  https://braziljournal.com/bahema-compra-escolas-e-faz-parceria-com-anima/