In May 2019, Navis Capital Partners invested in IGC Group, an integrated education platform located throughout six provinces in southern Vietnam. IGC operates campuses focused on preschool, K-12 education, and one college, providing a range of national and bilingual education programs.
With Navis’ support, the platform has acquired a school in Hanoi, expanded its presence in several Tier 2 cities and entered new markets such as Tay Ninh. Several of the platform’s existing facilities were upgraded to incorporate amenities, such as swimming pools, soccer fields and additional rest areas. IGC’s expansion in campuses offers local teachers increased job security and flexibility, resulting in a notable drop in employee turnover from 20% during Navis’ investment to 12% as of September 2023.