FiinReseach has completed a commercial Due Diligence for Praxis Capital Partners in its first overseas transactions to invest in an international school in Hanoi

12 June 2020 - 02:23 PM Alternate Text

FiinResearch is pleased to announce that its client, Praxis Capital Partners (Korea), together with some other institutional investors, has invested in an international school in Hanoi, Vietnam. The School’s name and the terms of the transaction were not disclosed. 

The School is one of the leading international schools in Hanoi, offering the world-class learning and educational experience for students from Pre-kindergarten to 12th grade with both US education and Vietnam Ministry of Education & Training accreditations.

FiinGroup was the exclusive commercial due diligence advisor to Praxis Capital Partners in the transaction.

Mr. Kwanhoon Lee, Co-CEO and Partner of Praxis Capital Partners, said: “We appreciate the efforts and capability of FiinResearch’s project team. The results of the project have supported us so much in thoroughly assessing the market growth potentials, the target company’s business attractiveness, its market positioning as well as in making informed decisions in the transaction”.

Mr. Dong Le, Head of Market Research & Consulting, FiinResearch, commented: “We are proud to advise Praxis Capital Partners on its first overseas investment transaction in Vietnam. The transaction demonstrates FiinResearch’s in-depth sector expertise, comprehensive corporate database, strong research, and analytics capability of our project team. The private international education sector in Vietnam have enjoyed stable growth in recent years and is expected to continue its momentum in the time to come thanks to the favor demographics factors in here (i.e. golden population structure, rapid urbanization, rising disposal income, higher standards of living …), rising expatriate community, increasing local private expenditure on high-quality education, government’s incentives and relaxation in regulations in foreign-invested education. We expect that the School continues to flourish under the existing and new shareholders’ leadership.”


Praxis Capital Partners, founded in 2013 in Korea, is a general partner of private equity funds mainly focusing on corporate acquisitions and investments in Korea. The Company aims to achieve a stable but excess return based on expedient and methodical investment strategies through growth capital, financial sponsorship in mega-merger, and industry consolidation.


FiinGroup is the leading business information service, market research, and consulting firm in Vietnam and is an associated company of Nikkei Inc. (Japan) from Sep 2014.

Established as a leading independent market research team in Vietnam, the FiinResearch, a research and consulting division of FiinGroup, provides high-quality independent research reports, in-depth analytics and consultancy services in major South East Asia markets in various sectors. In recent years, it has successfully supported so many foreign investors to penetrate and/or expand their business in the Vietnam market.