Michael Needley, Partner, Sovereign Capital commented:
"We are delighted to welcome both Glenn and Roger to Astrum, both of whom have a wealth of experience in the schools market. Glen uniquely brings both an academic and commercial perspective having worked for both traditional UK Schools and international Colleges. It's fantastic to be working again with a proven management team to build the Group through Sovereign's strategy of organic and acquisitive growth."
Notes to editors:
All of the Astrum Education Group colleges achieved strong OFSTED Report ratings: Both Lansdowne College and Duff Miller received an 'Outstanding' accreditation. The colleges are also ranked within the top quartile of all schools in the UK for their value added (Source: Department for Education) and have a good reputation for academic quality delivered at competitive fee rates. The average teacher to pupil ratio is 1:7. These small class sizes encourage participation and debate within the classroom, while allowing staff to focus closely on individual tuition and maintain academic rigour and discipline.Sovereign Capital, the UK private equity Buy & Build specialist, has a strong track record and specific expertise in the service based sectors of education & training, healthcare and business support services. Sovereign Capital is focused on investing in lower mid-market UK consolidators requiring up to £50m of equity. Sovereign's education and training portfolio covers the spectrum from primary schools through to higher education and includes international schools group, World Class Learning and vocational skills provider and modern music further and higher education provider BIMM. http://www.sovereigncapital.co.uk For further information contact: Julie Sieger, Sovereign Capital: +44(0)20-7340-8800 SOURCE Sovereign Capital