编辑 / Leah 据悉，XCL Education总部位于新加坡，是东南亚领先的学校运营商之一，在新加坡、马来西亚、越南和泰国运营 18所幼儿园至高中（K-12，国际上对基础教育阶段的统称）学校和45所幼儿园，共有大约2万名学生。 TPG是全球顶级私募股权公司之一，管理资产规模约2860亿美元。它此前已多次投资亚洲教育领域，包括总部位 于马来西亚的亚太科技大学（Asia Pacific University of Technology & Innovation），以及总部在印度、提供高管与 专业教育课程的Eruditus。 （来源：《联合早报》） 11月14日，新加坡《联合早报》发布新闻，称私募股权公司TPG正考虑出售所持国际学校运营商XCL Education 的股份，并计划在下月展开股权竞标。此次竞标中，XCL Education的估值可能高达20亿美元。 华尔街日报引述知情人士称，针对TPG所持股权的首轮竞标预计将在12月下旬启动，以期在2026年底前完成出 售。 这并非TPG首次被传出有意出售XCL Education的持股。今年8月，就有媒体报道指出，TPG正考虑退出在XCL Education的 ...

Core Insights - The article highlights the challenges faced by private preschool education enterprises in Guiyang, particularly in the context of educational reform and declining demographic advantages [1] - The case of Jing Yazhen, who transitioned from managing 12 kindergartens and training institutions to facing significant debt, exemplifies the struggles within the industry [1] Industry Challenges - The preschool education sector is undergoing significant transformation, with over 100,000 private kindergartens needing to adapt to new market conditions [1] - The demographic dividend that previously supported the growth of private kindergartens is diminishing, leading to increased competition and financial strain [1] Company Strategies - To address her financial difficulties, Jing Yazhen has explored alternative revenue streams, including agricultural product sales and partnerships with companies in the alcohol and health sectors [1] - The emphasis on maintaining a positive mindset and focusing on actionable strategies is highlighted as a necessary approach for industry players facing adversity [1]