China's 3rd-largest private K-12 school is filing an IPO

Hailiang Education Group, the third-largest private K-12 school in China, is filing for its IPO on Monday.

Here are some interesting stats about the school from its SEC filing:

  • As of December 31, 2014, 17,211 students were enrolled in the schools
  • Largest provider of private K-12 educational services in the Yangtze River Delta region (comprising Zhejiang province, Jiangsu province ,and Shanghai)
  • It was named one of the “10 Best-Known Private Education Brands in China” by the China Private Educationalist Association, and as one of the “Most Competitive Education Groups” by Education Channel

While for-profit K-12 education does not exist in the US, the sector is quickly growing in China, according to Tip Fleming, a spokesperson for the company.

Check back on Monday for more details on the school and its IPO.

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