Bearing this in mind, the company has signed an agreement with Bromsgrove School, UK, to explore opportunities in the Middle East, North Africa and South Asia region.
Bromsgrove School is an Independent Public School offering co-educational education to over 1,600 pupils aged 2 to 18. It is one of England’s oldest and finest institutions. It was first recorded in 1476, and then officially established under King Edward VI in 1553 in Worcestershire, England. In 1869 Bromsgrove was one of the fourteen schools that founded the Headmasters’ Conference, the association of leading day and boarding independent schools in the UK and the Commonwealth. In 2002 the School established Bromsgrove International School in Thailand (BIST). Bromsgrove School is also one of the highest ranking co-educational Senior Boarding Schools in the United Kingdom, according to the internationally respected Good Schools Guide.
The investment team at Al Masah Capital Limited started investing in regional education in 2006. They most notably acquired independent schools in Kuwait and turned them into an integrated holding with common management, marketing and academic quality assurance processes. That holding currently manages six schools that offer English, Pakistani, Indian and Arabic curricula to over 10,000 pupils. The team intends to replicate this buy and build strategy by establishing a new holding that will invest across the MENA region in a diversified portfolio of educational assets. These assets will comprise of nurseries, K3 to K12 schools applying diverse curricula, higher education institutions as well as professional and vocational training centres. Al Masah Capital Limited currently manages in excess of $180 million.