{
  "docId": "019dd923-5ca1-7489-b638-074faefcc6d5",
  "docSlug": "7b6d0579848000f1",
  "documentTitle": "Education: 2021 Deal Round-up and Trends to Watch Out For in 2022",
  "authorId": "LEK",
  "authorName": "LEK",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 3,
  "pageCount": 17,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "industry_trends",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 3,
  "notes": null,
  "elementsJson": [
    "numbered_list",
    "icon_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b638-074faefcc6d5/3",
  "deckHref": "/decks/019dd923-5ca1-7489-b638-074faefcc6d5",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b638-074faefcc6d5.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b638-074faefcc6d5#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.247,
        "x": 0.038,
        "y": 0.21
      },
      "kind": "list",
      "text": "1. Highly defensible sector\n2. Adoption of digital is transforming the industry\n3. Broad appeal among different investor types\n4. Room for consolidation",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fef11d2f-f0e1-4d73-86d3-0e895bd637d9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.69,
        "x": 0.272,
        "y": 0.595
      },
      "kind": "paragraph",
      "text": "1. As investors take into account the threat of digital disruption and the short-term exposure due to COVID-19, the education sector does still provide attractive investment opportunities in the short-term and the long run",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "55baa420-f99e-4232-ac7f-54db15e09b11",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.69,
        "x": 0.272,
        "y": 0.415
      },
      "kind": "paragraph",
      "text": "1. An estimated 50% of investments in the education industry has been towards edtech\n2. Key sub-segments like tutoring and test prep, and corporate trainings have seen the highest rate of digital adoption in 2020-21",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90548a37-1204-494e-923f-96455b4b8b96",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.69,
        "x": 0.272,
        "y": 0.74
      },
      "kind": "paragraph",
      "text": "1. The core education sectors (K-12, HE, etc) are highly fragmented, as the top 10 international school groups account for <20% of the total international K-12 market\n2. Newer sectors like edtech are equally fragmented, with established incumbents being constantly disrupted by start-ups mushrooming across regions",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b47099d1-593d-4cf3-99a2-04f2895766a8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.69,
        "x": 0.272,
        "y": 0.23
      },
      "kind": "paragraph",
      "text": "1. Investments into education have continued to grow during 2020-21 despite the impact on incomes, with spending in 2020 alone being more than double that of 2019\n2. Number of deals doubled since 2019, indicating a shared sentiment amongst investors about the attractiveness and reliability of education assets",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c2564b47-3eab-418c-8eb4-af03e7bd7e1c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.175,
        "x": 0.038,
        "y": 0.905
      },
      "kind": "source-note",
      "text": "Source: L.E.K. research and analysis",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e2af3ef3-bc61-45a2-8734-0f48b202ad10",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.353,
        "x": 0.038,
        "y": 0.105
      },
      "kind": "title",
      "text": "Key themes in the education sector",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "89093f80-7bdf-4133-a014-3b5c6405ed06",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Three Pillars",
      "slug": "three-pillars",
      "agent": "Architect",
      "layer": "block",
      "matchId": "019de7e4-a3c7-77af-b52a-9a63e47499eb",
      "evidence": "Four labelled themes serve as governing pillars",
      "confidence": 50
    },
    {
      "name": "Chunking",
      "slug": "chunking",
      "agent": "Architect",
      "layer": "loop",
      "matchId": "019de7e4-a39b-738b-b0ba-25e372befa47",
      "evidence": "Four labelled chunks summarise the sector",
      "confidence": 75
    },
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019de7e4-a30f-714e-9e3e-e1b54623a6f3",
      "evidence": "Title is topic-only; weakest action-title use in deck",
      "confidence": 60
    },
    {
      "name": "Gestalt Principles",
      "slug": "gestalt-principles",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019de7e4-a370-71d4-9e8e-d8e147b868f8",
      "evidence": "Numbered green pills plus paired bullet groups use proximity/similarity",
      "confidence": 80
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 7,
      "from": 2,
      "beatId": "019de7e4-9eea-74d8-91e0-3e1c01d97764",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": null,
      "evidence": "Deal volume, value, region, size, segment data (p2-7)",
      "position": 1,
      "confidence": 80,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 3,
      "from": 2,
      "beatId": "019de7e4-a01c-73c8-8518-dc435ecabdd7",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": null,
      "evidence": "Market scale plus 4 baseline themes (p2-3)",
      "position": 1,
      "confidence": 60,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 7,
      "from": 2,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "019de7e4-a0fa-772c-9572-637fd8d18c69",
      "evidence": "Volume (p2), themes preview (p3), region (p4), size mix (p5), sub-sector (p6), emerging vs developed (p7) all build to one conclusion.",
      "position": 1,
      "objective": "Stack multiple deal-data cuts to prove 2021 was a record, shifting year",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 78,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}