Cherie Hearts Group

Exited

Invested in January 2009 , Exited September 2010

Website: www.cheriehearts.com.sg

Cherie Hearts Group International is an award-winning early childhood education center in Singapore. As at [ ], the company has more than 30 branches in Singapore, providing one-stop innovative early childhood education services, including all-rounded physical, intellectual, emotional, social and language development.
Tembusu Partners (“Tembusu”) announced the divestment of its stake in Cherie Hearts Group International Pte Ltd (“Cherie Hearts” or the “Company”) in September 2010. Tembusu first invested in the Company in February 2009, and exited in [  ], achieving an overall investment IRR of 72%.