Oakley-backed Inspired acquires three schools
Inspired, a schools organisation in Europe, Australia, Africa and Latin America backed by private equity firm Oakley Capital Investments (OCL), has acquired the International School of Europe Group (ISE), St Louis School and St John’s International School.
Oakley Capital Private Equity and Oakley Capital Private Equity II both hold indirect interests in Inspired via their key shareholdings in Educas.
The additions of ISE, St Louis and St John’s will expand Inspired’s global network to a total of 23 schools, providing an outstanding education to over 15,000 students. As part of Inspired’s family of international schools, students and staff at these newly added schools will benefit from the support of world-leading educational experts and access to state-of-the-art learning platforms.
ISE, founded in 1958 by the Formiga family, is a group of schools in Italy with over 1,800 local and expatriate students between the ages of three and 18 years old in Milan, Modena, Monza and Siena. ISE is one of the leading International Baccalaureate (IB) schools in Europe.
St Louis School is a day school in Milan, Italy, which provides an education to over 1,000 local and expatriate students between the ages of three and 18 years old. It has achieved an average IB result of 37 (the maximum being 45) in 2016, placing it at the top of the IB rankings in Europe.
St John’s International School was founded in 1964 by the Faithful Companions of Jesus and is an international school in Brussels, Belgium. St John’s provides an education to 700 students between the ages of two and 18 years, representing more than 60 nationalities.
These latest transactions mean that since the initial platform investment in Reddam House in July 2013, OCL has indirectly invested, through its participation in Funds I and II, a total of EUR43 million in Inspired.
Peter Dubens, director of OCL, says: “These three latest acquisitions in Italy and Belgium further enhance Inspired’s position as a leading international schools group. We are delighted to be working with Nadim Nsouli and his team of leading educators in the ongoing development of the Inspired business, which continues to go from strength to strength based on its strong educational model and deep management expertise.”
Nadim M Nsouli, founder and chairman of Inspired and Educas, adds: "We look forward to welcoming the students, parents and staff of St John’s, St Louis and ISE into our family of schools. We believe that these three acquisitions represent an exciting development for Inspired and look forward to working with the respective leadership teams to build upon these schools' impressive history of providing families in Belgium and Italy with world class international education.”