Mozaik invests in Genesis College

Mozaik Investments has acquired a majority stake in Genesis College, a large private educational institution in Bucharest. After receiving all approvals, Mozaik will provide growth capital to accelerate the development of the educational network through investments in new campuses and the expansion of schooling capacity, as well as the development of the International Baccalaureate program, the company said.

The value of the projects to be implemented following the transaction is approximately EUR 30 million.

Genesis College is in the process of relocating the primary, secondary, and high school education levels to the former Petrom Tower building, part of Petrom City, in northern Bucharest. The building has been converted from an office tower into an educational unit, following an investment of more than EUR 2 million. The new location will allow Genesis to double its capacity, from 500 to 1,000 students. In the future, the new campus can accommodate up to 3,000 students, the educational institution said.

Genesis offers all educational levels, from kindergarten to high school. It is one of the few institutions in Romania accredited to carry out all three programs of the International Baccalaureate educational system.

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