Nord Anglia Education Explained

Nord Anglia Education
Type:Private company
Founder:Kevin McNeany
Area Served:Worldwide
Industry:Education
Products:Education Services
Foundation:1972
Location Country:London[1]
Locations:80< as of September 2023
Key People:Andrew Fitzmaurice (CEO)
Owner:Canada Pension Plan Investment Board and Baring Private Equity Asia

Nord Anglia Education, commonly referred to as Nord Anglia, is an international private school operator headquartered in the United Kingdom.[2]

Nord Anglia has more than 80 private day and boarding schools located in 30 countries across the Americas, Europe, China, Southeast Asia, India and the Middle East. Nord Anglia's schools have more than 80,000 students enrolled.

History

Nord Anglia Education was founded in 1972 by Kevin McNeany[3] to teach English as a foreign language. The company grew in the 1970s to the 1980s before moving into the UK education market. Soon after, it entered the Eastern and Central Europe market. In the late 1990s and early 2000s, the group also built up a day care and nursery business in addition to its Learning Services arm.[4]

In 2003, Andrew Fitzmaurice became CEO. By 2008, the company had sold its nursery business and mainly focused on international schools.[5]

In 2012, the group relocated to Hong Kong to complement growth plans in China and Southeast Asia. In 2013, it bought World Class Learning Group,[6] with schools in the United States, Qatar and Spain.[7]

The company's initial public offering took place on March 26, 2014, on the NYSE.

In 2015, the company bought six schools from Meritas:[8] the Collège du Léman, Léman International School - Chengdu, San Roberto International School, The Village School, North Broward Preparatory School in Florida, and Windermere Preparatory School in Florida,[9] and a stake in Léman Manhattan Preparatory School.[10] [11]

In April 2017, the company announced it would be taken back into private ownership after the Canada Pension Plan Investment Board and Baring Private Equity Asia agreed to buy it.[12] [13]

In December 2017, the company bought seven schools from the British Schools Foundation: The British College of Brazil, The British International School of Kuala Lumpur, The British School of Nanjing, The British School of Tashkent, The British School of Yangon, The International School of Moscow, and The King's School, Manila.[14]

In May 2019 the company relocated operations to London.[15]

In February 2019, the company acquired five schools under the Oakridge International brand in India. The five schools are located in Hyderabad, Vishakhapatnam, Bengaluru and Mohali. The price was estimated at ₹16 billion.[16]

In March 2021, the company acquired the Eton School in Mexico City, as well as Oxford International College, Oxford Sixth Form College, and d'Overbroeck's College, three independent schools in Oxford, United Kingdom.

In August 2021, the company acquired the Colegio Peruano Británico in Lima, Peru.[17] In June 2022, the company bought Greengates School in Greater Mexico City.

In October 2023, Nord Anglia acquired Avenues New York and Avenues São Paulo.[18]

Headquarters

Its head office is in the Nova South building in City of Westminster, London.[19]

Previously its head office was at the Anglia House in Cheadle, Greater Manchester,[20] and then the Nord House in Burton-upon-Trent, Staffordshire.[21] The head office moved to Hong Kong in 2012.[22] It was in the St. George's Building in Central, Hong Kong.[23] In 2018 the company announced it was returning its head office to the United Kingdom, with London being the new location.[24]

Collaborations

Nord Anglia has established collaborations with academic institutions such as Juilliard,[25] MIT, and King's College London.[26]

In July 2017, the company partnered with UNICEF as well as the governments of Bulgaria, Argentina, and Malaysia to host an event raising awareness for the Sustainable Development Goals.[27] Nord Anglia also participated with Juilliard, UNICEF and Sing for Hope in the High Level Political Forum on Sustainable Development in July 2019.[28]

List of schools operated by Nord Anglia Education

Asia

China

All Nord Anglia Education schools in China use English as the primary language of instruction. Each student receives four lessons in Mandarin Chinese a week, except in Hong Kong where this is optional.[29] Students reach a proficient level in Mandarin Chinese by the time they leave.[30]

Beijing

Guangdong

Hong Kong

Jiangsu

Shanghai

Sichuan

Dalian

Southeast Asia

Cambodia

Indonesia

Malaysia

Myanmar

Philippines

Singapore

Thailand

Vietnam

India

Southwest Asia

Nord Anglia Education operates six schools in Qatar and the United Arab Emirates. The majority of students are from expat families working in the region's oil industry.[31]

Jordan

Qatar

United Arab Emirates

Europe

Czech Republic

Netherlands (Holland)

Hungary

Ireland

Poland

Russia

Slovakia

Spain

Switzerland

United Kingdom

North, South and Central America

Brazil

Dominican Republic

Ecuador

Mexico

Panama

Peru

Costa Rica

United States of America

External links

Notes and References

  1. Web site: Moody's affirms Nord Anglia's B2 CFR and assigns a B2-PD; outlook remains negative. Moody's. October 30, 2020.
  2. Web site: Nord Anglia Education Inc (NORD) Stock Rating Reaffirmed by Deutsche Bank. Sorensen. Maddie. 23 February 2016. Financial Market News. 29 February 2016.
  3. Web site: The New Statesman Profile – Kevin McNeany. Beckett. Francis. Francis Beckett. 14 January 2002. The New Statesman. 29 April 2013.
  4. Web site: Kevin Mcneany And Andrew Fitzmaurice – Nord Anglia Education Plc (nae.l). 1 September 2003. The Wall Street Transcript. 29 February 2016.
  5. Web site: Nord Anglia rejects £180m Barings bid. Harrington. Ben. 10 June 2008. The Telegraph. 29 February 2016.
  6. Web site: WCL Group sold to Nord Anglia Education. Baker. Amy. 11 June 2013. The Pie News. 29 February 2016.
  7. Web site: Nord Anglia in talks to buy schools rival. Quinn. James. 27 April 2013. The Telegraph. 29 February 2016.
  8. Web site: Nord Anglia Education finalises the acquisition of six more schools. Keeling. Anne. 29 June 2015. Relocate Magazine. 29 February 2016.
  9. Web site: More international schools for Nord Anglia. Keeling. Anne. 10 June 2015. Relocate Magazine. 29 February 2016.
  10. Web site: Nord Anglia Education (NORD) to Acquire Six Schools from Meritas in $575M Deal . 2024-02-12 . StreetInsider.com . en.
  11. Web site: MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS . 2024-02-12 . SEC.
  12. Web site: Canadian-led consortium to buy Nord Anglia for $4.3bn. Badkar. Mamta. 2017-04-25. Financial Times. en-GB. 2018-04-24.
  13. News: LPC-Nord Anglia sounds out investors on LBO financing. Ruckin. Claire. U.S.. 2018-04-24. en-US.
  14. Web site: 14 December 2017 . Welcoming 7 schools to our global family . 2024-06-04 . Nord Anglia Education . en.
  15. News: Atack . Patrick . 10 October 2018 . Nord Anglia moves HQ to London . dead . 9 June 2021 . Professionals in International Education News . 9 June 2021 . https://web.archive.org/web/20210609192413/https://thepienews.com/news/nord-anglia-moves-hq-to-london/ .
  16. News: Oakridge's international deal: Hong Kong firm buys it for nearly Rs 1,600 crore . Times of India . February 22, 2019 . Sudipta . Sengupta.
  17. Web site: Estudio Echecopar asesora a Nord Anglia Education en compra del Colegio Peruano Británico. Líder Legal. es.
  18. News: 2023-10-10 . Elite Avenues Schools in NY, Sao Paulo to Be Sold to Nord Anglia . en . Bloomberg.com . 2023-11-07.
  19. Web site: Home. Nord Anglia Education. 2020-11-22. Nord Anglia Education 4th Floor, Nova South 160 Victoria Street London United Kingdom.
  20. Web site: Archived copy . nordanglia.com . 15 January 2022 . https://web.archive.org/web/20060219104758/http://nordanglia.com/reports/Interm05.pdf . 19 February 2006 . dead.
  21. Web site: Contact Us. Nord Anglia Education. 2011-12-24. https://web.archive.org/web/20111224182135/http://www.nordanglia.com/index.php/contact-us.html. 2020-11-22. 24 December 2011.
  22. Web site: Nord Anglia Education Relocates its Global Headquarters to Hong Kong. Nord Anglia Education. 2012-01-15. 2020-11-22.
  23. Web site: Home. Nord Anglia Education. 2019-04-24. Nord Anglia Education St George's Building Level 12 2 Ice House Street Central Hong Kong China.
  24. Web site: Nord Anglia moves HQ to London. The PIE News. Professionals in International Education. 2018-10-10. 2020-11-22.
  25. Web site: 2015. Juilliard and Nord Anglia. Juilliard School.
  26. Web site: April 25, 2017. Canada Pension Plan Investment Board and Baring Private Equity Asia sign agreement to privatize Nord Anglia Education, Inc. for USD 4.3 billion. live. https://web.archive.org/web/20200920031816/https://www.cppinvestments.com/public-media/headlines/2017/canada-pension-plan-investment-board-and-baring-private-equity-asia-sign-agreement-privatize-nord-anglia-education-inc-usd-43-billion. September 20, 2020. CPP Investment Board. en-US.
  27. Web site: 2017. BRINGING AWARENESS AND ACTION ON THE SDGS TO THE CLASSROOM: A Presentation of Students' Experience with the World's Largest Lesson -Exploring SDGs 2 (Zero Hunger) and 3 (Good Health). Sustainable Development Goals.
  28. Web site: July 31, 2019. Photos: UNICEF, Sing For Hope HandaHarmony, & Juilliard Bring Youth & Arts Into Global Development. 2021-05-30. BroadwayWorld. en.
  29. Web site: 2015 Annual Report. PDF. 29.
  30. Web site: Third Culture Kids. Turner. David. 20 May 2009. Financial Times. 26 February 2016.
  31. Web site: 2015 Annual Report. 31 December 2015. PDF. 33. 26 February 2016.

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