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Stonepeak partners with Inspired Education Group, will invest $1bn

Stonepeak partners with Inspired Education Group, will invest $1bn

American alternative investment firm Stonepeak has reportedly announced a long-term collaboration with Inspired Education Group, a leading international group of premium schools. As part of the collaboration agreement, Stonepeak will be making a €1.0 billion ($1 billion) minority equity investment in the group.

Inspired was founded in 2013 by Nadim M Nsouli and is an international provider of co-educational and non-denominational private schools that offer students world-class learning opportunities.

The group currently provides education to over 55,000 students, ranging from Kindergarten to Year 13 (high school), having over 70 schools established in 20 countries across 5 continents. Inspired’s students are recognized as one of the highest performing students globally.

Through the new investment and strong backing from Stonepeak, Inspired will continue accelerating its growth and global expansion by developing new school campuses and acquiring selective leading schools, while also making investments in innovation, including in its growing stack of digital offerings.

Stonepeak will make use of its expertise in helping businesses scale by supporting Inspired and its vision to become the most impactful education group globally.

Nsouli, the Founder, chairman, and CEO of Inspired, stated that the group was able to become a world leader in premium schools by aiming to provide an outstanding educational journey to its students and helping more than 90% of them get into their first-choice of the university.

He further added that the company has been rapidly expanding its fully online school while also scaling up different technology initiatives across its classrooms. The firm has also been successful in obtaining support from some of the most prestigious blue-chip investors in the world, including Mansour and Oppenheimer family offices, TA Associates, Warburg Pincus, and GIC (sovereign wealth fund of Singapore).

Nsouli welcomed Stonepeak to the company’s list of investors while noting that the new long-term investor shares the group’s ambition, dedication to pursuing excellence in education, and vision for growth.

James Wyper, Senior MD at Stonepeak, stated that the firm believes that there is a strong need to invest in essential social infrastructure that supports productivity and innovation across the globe, and views education as an important part of that.

Wyper added that the firm looks forward to its partnership with Inspired and believes that it would be able to help the group advance its growth ambitions. 

Source credit: https://www.businesswire.com/news/home/20220503005321/en/Stonepeak-Invests-%E2%82%AC1.0bn-in-Inspired-Education-Group

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Omkar Patwardhan

Omkar Patwardhan started his professional career in the hospitality industry. Having nurtured a deep-sated passion for words however, he found his way into content writing and now pens down articles for numerous websites, including News Origins, spanning the sectors of business, finance, and technology.