This should not be allowed to happen in our country.

Grok: Yes, Primavera Capital Group, a China-based private equity firm, owns U.S. private schools through its portfolio company, Spring Education Group (SEG). Here's a concise overview based on available information: Spring Education Group Ownership: SEG, majority-owned by Primavera Capital Group, operates over 215 private preschools, elementary, middle, and high schools across the U.S. and internationally, including an online private school. Key Acquisitions: Stratford School: In 2017, Primavera acquired Stratford School, a network of preschool through 8th-grade schools primarily in California, for approximately $500 million in a leveraged buyout, financed with $220 million in loans from Macquarie Group. Nobel Learning Communities: In 2018, SEG, backed by Primavera, purchased Nobel Learning Communities, which operates over 190 private schools across 19 states with more than 25,000 students. BASIS Independent Schools: In 2019, SEG acquired five BASIS Independent Schools in California, New York, Virginia, and Washington. The Princeton Review and In 2022, Primavera acquired The Princeton Review and its subsidiary which provides tutoring services to K-12 schools and the U.S. military. Controversies and Concerns: In September 2023, Florida Governor Ron DeSantis ended voucher programs for four SEG-owned private schools, citing alleged ties between Primavera Capital Group and its CEO, Fred Hu, to the Chinese Communist Party (CCP). In 2023, Congresswoman Stephanie Bice raised national security concerns about Primavera’s acquisition of noting potential risks of data sharing with the Chinese government due to Primavera’s China-based operations. Some parents, such as 190 at BASIS Independent Schools in Brooklyn and Manhattan, expressed concerns about Primavera’s Chinese ownership, given the schools’ high tuition (approximately $32,000 per year). Recent posts on X (April 2025) reflect public unease, with users speculating about Primavera’s influence over U.S. private schools and potential CCP connections, though these claims lack verified evidence and should be treated as inconclusive sentiment. Clarifications: Primavera Capital Group is a Hong Kong-headquartered investment firm with offices in Beijing, Shanghai, Singapore, and Silicon Valley, founded by Fred Hu, a former Goldman Sachs partner. It manages both USD and RMB funds for global institutional investors. While Primavera has significant investments in U.S. education, it does not own Primavera Online School, an Arizona-based public charter school transitioning to a private model using voucher funds. This school is unrelated to Primavera Capital Group and is operated by Damian Creamer. Context: Primavera’s investments in U.S. private schools align with a broader trend of Asian investors targeting educational assets to capitalize on demand for Western education. The firm has invested in over 100 companies globally, with education being a key sector alongside fintech, media, and transportation. Conclusion: Primavera Capital Group, through Spring Education Group, owns a significant number of U.S. private schools, including Stratford School, Nobel Learning Communities, and BASIS Independent Schools. While these investments have raised concerns about foreign influence and data security, particularly due to Primavera’s Chinese base, no conclusive evidence supports claims of direct CCP control. For the latest developments or specific school ownership details, you may need to consult primary sources or Primavera’s official portfolio updates, as my information is current only up to April 22, 2025.

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Fact check…true

And this is why we homeschool in my house. 🇺🇲🙏❤️👍

Lol sounds about right

Exactly Tore told us dei was part of china's bs.

This is not true. The vast number of American private schools not devoted to the needs of developmentally challenged students are either independent or affiliated with a particular religion or church.

I just want her to blow her nose and clear her throat, so bad.

I wonder if the private equity will bankrupt and sell them off?

Wow