Chinese preschool education services provider RYB Education Inc. has agreed to buy about 70 percent of a Singaporean private childhood education company for around 125 million yuan ($18.5 million) in cash.

RYB Education said that the purchase extends the company’s brands and service offerings to a broader audience and additional jurisdictions.

The company added that the deal widens its educational platform while allowing it to remain primarily focused on providing educational services to children from infancy to 6 years old.

In conjunction with the acquisition, RYB plans to change its name from RYB Education to GEH Education to better reflect its developing platform of multiple brands, products and services in multiple markets and geographies.