From left: Mayberry Investments Executive Chairman Christopher Berry, executive vice-chairman and company secretary Konrad Mark Berry; EduFocal CEO and co-founder Gordon Swaby sign a private equity deal on June 3 as the entities partner on education, Looking on is EduFocal director Lloyd Swaby
Mayberry Investments recently signed a private equity deal with virtual learning platform EduFocal, seeking to assist the e-learning company with securing capital to boost its hopes of facilitating local and international expansion. The partnership will see Mayberry, a full-service financial advisory and brokerage firm, gaining a minority stake in the online educational services business.
Mayberry’s chief executive officer (CEO) Gary Peart, elaborating on the rationale behind the partnership, described EduFocal as one of those creative businesses that can transform lives and communities. As a result, he said that this would help his company to drive investments that will contribute to initiatives that foster active learning, which is essential for the growth and development of children and communities.
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