Founded in 2011 and listed on NEEQ in 2016, Beile is a leading K12 education Group in China. Running a unique faculty group solely consisted by teachers from North America, Beile provides American-Standard K12 English education service to teenage aged 3-12 through its 20 direct-sale tutoring center in Beijing, Shanghai, and Shenzhen. As a result of outstanding management and standardization, Beile beats most of its competitors on operation efficiency, which brings higher margin and sustains its future growth. Far East led the Round B financing of Beile.
Led by Grandflight Investment, Advent International and other investors purchased 100% stake of Beile in 2018 Q1. Grandflight Investment quit in this transaction.