Invest in schools.
Build an African network.

The Seed offer is $1M for 20% of the operator, at a $5M post-money valuation. School ownership stays with our partners. The 11.7× target is projected investor equity value at a five-year exit relative to the initial investment, including dilution. It assumes an exit valuation of 8× trailing EBITDA and available cash.

What the Seed funds

School-partner acquisition, contract onboarding, academic and rollout teams, learning resources, operating tools and working capital while contracts ramp up.

How the business earns

DUMA receives 8% of collected tuition for its management service. School owners fund school payroll, rent and local running costs. The operator uses its fee income to pay for sales and service delivery.

How your investment grows

More operating contracts build recurring fee income. Shared resources and local delivery teams support expansion across schools. The strategy includes further growth rounds; future equity raises dilute existing shareholders unless they participate.

What you own

Your equity is in the company behind DUMA’s academic expertise, proprietary technology, brand and school management business. Returns come from the value of that company as more schools adopt its system and service.

Investors hold 80% of the holding company and DUMA retains 20%. The reference acquisition gives the holding company 51% of a school, with the seller retaining 49%.

What the capital buys

Controlling stakes in operating school businesses, transaction work, transition improvements and working cash. The programme also funds DUMA’s management capacity during the acquisition rollout.

Our Buy & Build strategy

We assess school earnings, fee collections, staffing and lease arrangements before agreeing a purchase. The core acquisition is the school business on leased premises; land and buildings are handled separately.

How we improve the schools

Teacher support and admissions strengthen retention and enrolment. Better fee follow-up, purchasing and spending controls improve the school’s cash generation. Academic and operations teams work across nearby schools.

How your investment grows

The holding company participates in the earnings and value of its school stakes. School management costs, seller ownership and group expenses are accounted for before assessing investor value. The $5M is the total portfolio raise, with participation open to multiple investors. The acquisition programme is equity-funded; distributions and any eventual sale are governed by shareholder agreements.

Investor yield on $225k funding for 80% of a school company; DUMA retains 20%. The school operates on leased premises without acquisition debt. After school costs, DUMA’s fee, tax and reinvestment; before investor taxes and FX. Early-year income is lower.

The investor provides the full $225k capital budget for 80% of the school company; DUMA retains 20%. Available school cash is shared 80/20 after the operating fee and school obligations.

$180k purchase + $45k transition and liquidity = $225k total. Purchase price is 4× $45k annual EBITDA before DUMA’s fee. The additional capital covers $10k transaction costs, $20k improvements and $15k opening cash.

Cash available to the 80% investor: $5.4k → $20.6k → $36.7k in Years 1–3. The plan adds 50 pupils within existing capacity and reduces fixed costs by 8%, without real fee increases.

The 8% fee on net collected tuition covers DUMA’s academic and operating management, teacher development, learning tools, admissions support and financial oversight. Local payroll and rent remain school costs.

Cash calculations include a 30% cash-tax provision, maintenance and additional working capital. Available distributions depend on agreed reserves. Figures are USD equivalents.

After property ownership costs, before financing and owner taxes. Rent and lease terms depend on the site and the school’s receipts.

Annual rent

$30k

Annual property costs

−$5k

Annual net rent

$25k

On $300k total property capital, net rent gives an 8.3% yield before financing and owner taxes. Annual rent represents 10% of a school’s $300k net revenue. Figures are USD equivalents.

Agree the tenant, lease term, rent commencement and escalation, fit-out funding and maintenance obligations around the property and school cash flow.

Rate, tenor and security are negotiable. Collateral can include school-owned equipment, vehicles and owned property included in the deal.

$80k-equivalent loan · 12% in KES · five years. Annual principal and interest: $22.2k. Total interest over five years: $31.0k. Interest is charged on the declining balance.

Loan sizing uses earnings at entry: this facility requires the cash flow shown above before funding. Cash flow is net of school costs, rent, DUMA’s 8% fee, a 30% cash-tax provision, maintenance and working capital.

Lending criteria: ≥1.5× repayment coverage, ≥1.2× under stress, and debt within 2× entry EBITDA after DUMA’s fee. The loan amount meets all three thresholds.

Agree collateral ownership, valuations and existing charges, reporting and collection-account arrangements. Set repayments around termly receipts and reserve school operating cash before owner distributions.