What Jannie Mouton's R7.2bn buyout offer would mean for Curro
PSG Group co-founder Jannie Mouton's consortium has made a R7.2bn offer to delist Curro Holdings, aiming to accelerate growth and unlock long-term value away from public market pressures.
A Strategic Move for Long-Term Growth
A consortium led by Jannie Mouton has proposed a significant R7.2 billion offer to acquire and delist Curro Holdings from the JSE. This strategic move is aimed at freeing the private education provider from the short-term pressures of the public market, allowing it to focus on a long-term growth strategy. The offer, priced at R52 per share, represents a substantial premium and signals strong confidence in Curro's future potential.
Unlocking Value and Accelerating Expansion
According to Curro CEO Cobus Loubser, the delisting could fast-track the company’s growth by decades. Freed from the quarterly reporting cycle, Curro could undertake more ambitious, capital-intensive projects without worrying about immediate investor reactions. This includes expanding its campus footprint, enhancing technological infrastructure, and diversifying its educational offerings. The buyout is seen as a way to unlock deep value that the market has historically overlooked.
Impact on Stakeholders
For parents and students, the move is positioned as a positive development that will ensure stability and continued investment in quality education. The consortium has emphasised its commitment to Curro's educational mission, suggesting that the change in ownership structure will ultimately benefit the entire school community by fostering an environment of innovation and excellence.