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International private equity firms Siguler Guff and CapMan invest in Russian educational test preparation company

Siguler Guff and CapMan, two international private equity firms, announced last week an investment in Maximum Education, a major Russian provider of educational test preparation services, in exchange for “a significant minority stake.”

 

Siguler Guff declined to disclose any further details of the transaction, but Maximum Education CEO Michael Magkov told East-West Digital News it was the second round of external funding for his company, which is currently “at growth stage.”

 

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