Spring Education Group (SEG), is a for-profit private school company based in Saratoga, California.
[3] In April 2019 SEG purchased the five BASIS Independent Schools based in California, New York City, Washington, and Virginia.
[4][5] In 2018, SEG and China-based Primavera Capital Group purchased Nobel Learning Communities from Investcorp.
It was founded in 1983[6] and purchased by Investcorp and Bahrain's Mumtalakat Holding Company (from Leeds Equity Partners) in 2015.
[2] After 34 years in operation, a Merryhill preschool permanently closed for economic reasons in May 2020 in Modesto, California.
In September 2023, Florida governor Ron DeSantis announced that voucher programs for four private schools owned by Spring Education Group would be ended due to alleged ties to the Chinese Communist Party (CCP) via its majority owner, Primavera Capital Group and its CEO Fred Hu.