Our History and Founders
ACE was formed through the collaboration of three highly experienced partners: SABIS®, InvestBridge Capital Limited (IBC), and Centum Investment Company Limited (Centum).
The history of IBC’s and SABIS®’ relationship dates back to the 1970s, when SABIS® established its first school outside of Lebanon in Sharjah, UAE. The family of IBC’s chairman, Amjad Al Dwaik, was the first investor in The International School of Choueifat – Sharjah, (UAE). Al Dwaik’s family remains a main investor with SABIS® in schools across the UAE and the MENA region.
While both SABIS® and IBC have recognized the potential for private education in Africa, they sought out a strong Pan-African partner with regional experience and knowledge in order to ensure success in establishing schools across the continent. At the same time, Centum had identified education as an underexploited sector, setting educational opportunities as a key priority for their current growth strategy.
These three parties came together as a consortium in 2015 to launch ACE.
Centum is East Africa’s leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Centum has an established and successful track record in executing and developing large projects and enterprises, in eight sectors: real estate, power, financial services, education, FMCG, healthcare, agribusiness and ICT. With over 150 experienced professionals, Centum has AUMs in excess of US$2 billion which includes subsidiaries such as Nabo Capital and Genesis Kenya Investment Management.
Investbridge Capital is a privately-owned and DFSA regulated independent provider of alternative asset management and corporate advisory solutions covering emerging growth markets. IBC is providing dynamic advice and insight to our principals and clients and has advised and transacted on deals in excess of US$ 6 billion.. It is backed and supported by a number of prominent individuals and corporates from the regional financial and industrial community. The company was created with an intent of serving its stakeholders with an independent and professional way of identifying unique investment opportunities in the region as well as globally with minimal conflicts that are usually inherent in large investment banks.
SABIS® is a global education network that is backed by over 130 years of experience in helping student achieved their full potential and succeed in a rapidly changing world. Serving K-12 schools worldwide, the SABIS® Network is currently active in 20 countries across five continents. A team of more than 8,000 employees educates students in 57 schools, using a successful and proven education model with a distinguished academic approach and cutting edge technology. The SABIS® Educational System™ provides students with a top-quality education that prepares them to meet the challenges of a changing world and has achieved outstanding academic results and received multiple awards with its students gaining entry to the world’s most competitive universities every year.
Dubai Investments PJSC is a leading investment company listed on the Dubai Financial Market with over 19,800 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the Company has grown exponentially with investments across a number of sectors including real estate, building materials and construction, direct investments, financial investments, healthcare and education in the UAE and the Middle East. Dubai Investments portfolio includes 35 subsidiaries and joint ventures.