Genius Group (NYSE American: GNS), a world leading Edtech and
entrepreneur education group, has acquired E-Squared Education
Enterprises, a South Africa-based, entrepreneur-focused primary and
secondary school and vocational college.
Genius Group has attracted over 2.7 million
students in 200 countries, ranging from primary and secondary
school students to startup founders and experienced entrepreneurs.
The Group has a mission to disrupt the current education model by
building a 21st century curriculum, faculty, campuses and Edtech
platform to deliver an entrepreneur curriculum and education
globally. The acquisition of E-Squared Education Enterprises will
further enhance E-Squared’s offering and bring campuses and a range
of trusted programs to their portfolio.
E-Squared is situated in Nelson Mandela Bay,
South Africa. It offers primary, secondary and tertiary education
to children and young adults from its three institutes: Ed-U
College (Port Elizabeth), Ed-U Options Academy (Ed-U Academy) and
Ed-U City Campus (Ed-U Varsity). These institutions share the same
goal: to produce self-motivated individuals who are ready to tackle
the next phase of their lives, be it at an education level, in the
corporate world or as an entrepreneur. Vocational training is also
available via online programs, and E-Squared has two foundations
under its umbrella that are set up to further help the
community.
Roger James Hamilton, Founder & CEO of
Genius Group says:“E-Squared Education Enterprises is a valuable
addition to our entrepreneurial education offering. Africa has seen
a dramatic increase in entrepreneurs over the last decade, and
educating future generations to be resourceful and entrepreneurial
has never been of more important.”
Lili Niemann, Chief Executive Officer of
E-Squared, established the company in 1994. E-Squared has educated
over 38,000 students, and the company is helping to tackle the
issue of job shortages and unemployment that South Africa faces.
Its programs are developed specifically around practical teaching
and learning, giving students the chance to gain experience and
build on their expertise in the working environment.
Lili Niemann who will remain CEO of E-Squared
Education Enterprises, says: “I am thrilled to be part of Genius
Group, as our aims and vision for the future of education are
perfectly aligned. I am looking forward to the next chapter of our
story. With some great new programs and digital learning
opportunities in the pipeline, we are excited that we will be able
to broaden our reach and enroll more students, helping the younger
generation in South Africa reach their potential and become the
future leaders that this country needs.”
Genius Group also owns the GeniusU Edtech
platform, Entrepreneurs Institute and Entrepreneur Resorts and the
Genius School concept. Genius School is a global education movement
co-founded by Roger James Hamilton and Angela Stead.
This is one of a succession of acquisitions that
Genius Group has completed as it grows its entrepreneur education
programs and community globally.
About Genius GroupGenius Group
is a world-leading entrepreneur Edtech and education group, with a
mission to disrupt the current education model with a
student-centered, life-long learning curriculum that prepares
students with the leadership, entrepreneurial and life skills to
succeed in today’s market. The group has over 2.8 million
students in 200 countries, ranging from ages 0 to 100. The group
includes four pre-IPO companies (the “Pre-IPO Group”), and will
include four companies intended to be acquired at the time of, or
shortly after, the closing of the company’s initial public offering
(the “IPO Acquisitions”). The acquisitions of two of these four IPO
Acquisitions, Education Angels and Property Investors Network, have
already been consummated prior to the closing of this acquisition
of E-Squared Education Enterprises.
The entrepreneur
education system of our Pre-IPO Group has been delivered virtually
and in-person, in multiple languages, locally and globally, mainly
via the Pre-IPO Group’s artificial intelligence (AI)-powered,
personalized GeniusU Edtech platform to adults seeking to grow
their entrepreneur and leadership skills.
The Pre-IPO Group includes Genius Group,
GeniusU, Entrepreneurs Institute and Entrepreneur Resorts. This
group of entrepreneur education companies has grown both
organically and through acquisitions, with a focus on adding value
to each company through GeniusU, which is being developed to
provide AI-driven personal recommendations and guidance for each
student. The Pre-IPO Group is now expanding its education system to
age groups beyond its current adult audience, to children and young
adults. The four IPO Acquisitions will be the first steps towards
this expansion. They include: Education Angels, which provides
early learning in New Zealand for children from 0-5 years old;
E-Square, which provides primary and secondary school education in
South Africa; University of Antelope Valley, which provides
vocational certifications and university degrees in California,
USA; and Property Investors Network, which provides property
investment courses and events in England.
Genius Group’s current plan is to combine the
education programs of the IPO Acquisitions with its current
education programs and Edtech platform as part of one lifelong
learning system, and it has selected these acquisitions because
they already share aspects of the Genius curriculum and its focus
on entrepreneur education.
Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the closing
of the remaining IPO Acquisition. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the “Risk
Factors” section of the Company’s Annual Report on Form 20-F filed
with the SEC. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
About E-Squared Education
EnterprisesE-Squared Education Enterprises is based in
South Africa, and consists of primary, secondary and
tertiary education institutions: Ed-U College (Port
Elizabeth), Ed-U Options Academy (Ed-U Academy), and Ed-U City
Campus. With a strong focus on both education and
entrepreneurship, E-Squared Education Enterprises aims to develop
learners and students in a way that encourages self-motivation, one
that will see them realizing bright futures as business starters
and leaders. E-squared Education Enterprises has one goal: to
produce self-motivated individuals who are ready to compete in
a global business or corporate environment or become successful
entrepreneurs.Web: http://e-square.co.za/
Media Contacts:Ruth Shearman, Senior Account
Manager, Adia PRTel: +44 7971 138 303 Email: ruth@adiapr.co.uk
Leila Dastyar, Account Manager, Adia PRTel: +44 7564 334198
Email: leila@adiapr.co.uk
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