PSB Academy Pte Ltd

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PSB Academy Pte Ltd - overview

Established

1964

Location

Singapore, -, Singapore

Primary Industry

Education/Training

About

PSB Academy Pte Ltd, based in Singapore, is a prominent educational institution offering a wide range of diploma, degree, and postgraduate programs tailored to meet industry needs and enhance student employability. PSB Academy Pte Ltd is an educational institution that provides a variety of academic programs. Founded in 1964 and headquartered in Singapore, it has undergone strategic developments to remain relevant in the education sector. The company was acquired by Intermediate Capital Group on January 23, 2018.


The current CEO is Derrick Chang. PSB Academy offers a comprehensive suite of educational programs, including part-time and full-time diploma, degree, certificate, and postgraduate courses across various disciplines. The institution is structured into six specialized schools: the School of Foundation Studies, School of Business and Management, School of Engineering and Technology, School of Health and Life Sciences, School of Postgraduate Studies, and Digital Academy. Their programs are designed to address industry demands and equip students with practical skills necessary for their professional development.


PSB Academy primarily serves students across Asia, focusing on Singapore and its neighboring regions. In the most recent year, 2023, PSB Academy reported a revenue of USD 77. 80 mn and an EBITDA of USD 23. 10 mn, generated through tuition fees from various educational programs and partnerships with globally recognized universities, facilitating a steady revenue stream.


PSB Academy is focused on expanding its course offerings with new programs designed to meet evolving industry standards. The institution aims to enter new markets in Southeast Asia by 2025. The acquisition by Intermediate Capital Group in January 2018 will be leveraged to enhance operational capabilities and support these growth initiatives.


Current Investors

Intermediate Capital Group

Primary Industry

Education/Training

Sub Industries

Education & Training Services, Education & Training Website

Website

www.psb-academy.edu.sg

Verticals

EdTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

PSB Academy Pte Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedPSB Academy Pte Ltd-
BuyoutCompletedPSB Academy Pte Ltd-

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