Oakley Capital Investments Limited (OCIL) has announced that it has been informed that Inspired, which it describes as a ‘premium schools organisation in Europe, Australia, Africa and Latin America’, has completed the acquisitions of the International School of Europe Group (ISE), St Louis School (St. Louis) and St John’s International School (St. John’s). Oakley Capital Private Equity L.P. (Fund I) and Oakley Capital Private Equity II (Fund II) both hold indirect interests in Inspired via their shareholdings in Educas.
OCIL says that the additions of ISE, St Louis and St John’s will expand Inspired’s global network to a total of 23 schools, providing an education to over 15,000 students. It says that these latest transactions mean that, since the initial platform investment in Reddam House in July 2013, OCIL has indirectly invested, through its participation in Funds I and II, a total of €43m in Inspired, helping to take Inspired from 4 schools initially to 23 schools today.
In terms of the new acquisitions, OCIL says that The International School of Europe Group, founded in 1958 by the Formiga family, is a leading group of schools in Italy with over 1,800 local and expatriate students between the ages of 3 and 18 years old in Milan, Modena, Monza and Siena. It says that 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. OCIL says that St. Louis 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.
OCIL says that St John’s International School, founded in 1964 by the Faithful Companions of Jesus, is an international school in Brussels, Belgium, that provides an education to 700 students between the ages of two and eighteen years, representing more than 60 nationalities.
Oakley’s Inspired makes three further school acquisitions : OCL