Episode

How many ‘bad’ schools make a good private equity investment?

Podcast
Daybreak
Published
Jun 28, 2026
Duration seconds
814
Processing state
not_requested
Canonical source
https://share.transistor.fm/s/42ea5d81
Audio
https://media.transistor.fm/42ea5d81/d32b75b2.mp3
JSON
/v1/public/podcasts/daybreak-5886514/episodes/how-many-bad-schools-make-a-good-private-equity-investment
Markdown
/podcast/daybreak-5886514/how-many-bad-schools-make-a-good-private-equity-investment.md

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Summary

K12 Techno Services has a very specific type of school it likes to find. They're old, debt-ridden, maybe run by an ageing owner with no succession plan. It moves in, rebrands it Orchids, adds a basketball court, and locks the deal in for 50 years. Ownership never changes hands. The management, though, does. The model is built for patience. It takes 12 years for a school to turn a profit. But K12's cap table is full of private equity firms running on 10-year fund cycles, and they need a way out. So what happens when a business built for the long game has to keep moving fast? Tune in. *We want to get to know you a little better. Tell us what you think about Daybreak here . Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.