Investcorp Corp, a Bahraini investment manager company, which is looking to spend over $400 million on stakes, has said today that it has acquired education firm GL Education Group.

The Bahraini investment company, who had previously floated such luxury brands as Tiffany & Co Gucci, paid an undisclosed amount to debt capital and private equity firm Veronis Suhler Stevenson, for the education group.

GL Education Group, previously named as Granada Learning Group, specialises in providing educational tools and programs to children.