NISA acquired by Singapore-based ChangedEDU
Nobel International School Algarve, a private school in Portugal offering British and Portuguese curriculums, has been acquired by Singapore-based education investment company ChangedEDU.
Director of NISA, Francisco Claro, told The PIE News that the school, which already welcomes students from 40 nationalities, is looking forward to the chance to expand nationally and internationally.
“This kind of experience makes us capable of replicating the model at least at a European level”
“We have several years of experience in Portuguese, British and bilingual curricula. This kind of experience makes us capable of replicating the model at least at a European level,” he said.
He also thinks the acquisition will allow the school to better retain talent and offer improved conditions to their existing staff.
“We are working already in setting new locations. Nevertheless, companies, and especially schools, are ‘made of people’ and people are more important than buildings…”
“We also aim for new talent retaining policies so we can improve our (already great) staff skills, giving better conditions for the ones that work with us and for us to be able to hire the best educators in the world.”
Last year, ChangedEDU closed a number of deals, including the acquisition of the European International School Ho Chi Minh City and English language program provider Lorna Winston Schools.
The company was founded by Brian Rogove, the former CEO of Cognita Schools Asia Pacific.
It first received investment from Brussel-based Verlinvest in 2016 and its focus is on English learning, K-12 education and enrichment education for Asian students – but with an eye on the US or Europe ‘if they offer an added value service to Asian students,’ Deal Street Asia reported in 2017.