Trematon Shareholders Approve Generation Education Sale
Shareholders have voted to sell the six-campus education group to an investment fund for R172 million.
Updated on Oct. 15, 2026 in Education — General
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Trematon Capital Investments shareholders have overwhelmingly voted to approve the R172 million disposal of Generation Education Group. The transaction includes the sale of an approximately 87% interest in the education group alongside associated loan claims.
Why it matters
The board identified that unlocking the full growth potential of the investment would require several years of development. Additionally, the move follows a period where financially constrained parents have increasingly delayed formal schooling or sought alternative pre-primary options.
The Generation Education Group operates six school campuses across the Western Cape and Gauteng, reporting revenue of R206.4 million in 2025. The company's valuation was previously recorded at R200.7 million in August 2025.
The players
Trematon Capital Investments
This is an investment holding company that focuses on acquiring, developing, and managing various assets across South Africa.
Generation Education Group
The group operates a network of school campuses providing private education across multiple provinces.
Education Investment Impact Fund of South Africa
Managed by Old Mutual Alternative Investments, this fund focuses on deploying capital into the education sector.
Jevron Epstein
He is a co-founder of the Generation Education Group who helped establish the business in partnership with Trematon.
The details
The Competition Tribunal officially greenlit the acquisition in July, clearing a major hurdle for the deal. Management intends to distribute the net proceeds from the sale directly to Trematon shareholders.
Timeline
Generation Education was founded by Jevron Epstein and Trematon in 2016.
The Competition Tribunal approved the acquisition in July 2026.
Shareholders held a special meeting to vote on the disposal on 14 October 2026.
Culture Shift
This transaction reflects a broader realignment in the private schooling sector as firms respond to shifting parental spending habits. Providers are increasingly balancing long-term growth strategies against current economic pressures that influence how families prioritise formal education.
Families and staff connected to the six campuses in the Western Cape and Gauteng should expect continuity as the group transitions to new ownership. The deal does not impact existing tuition contracts or the day-to-day operations of the schools.
The takeaway
The shareholder approval provides clarity for the future of the school network as capital is returned to investors. Management is now looking toward 2026 with a focus on achieving modest student growth across the remaining portfolio.
Further reading
Learn more about local sector developments in our South Africa Education — General section.
Source note: This article includes information reported by ITWeb.
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