Bellevue Education: Difference between revisions

'''Bellevue Education''' is an international private schools group founded in 2003 and based in London, UK.<ref>{{Cite web|url=https://beta.companieshouse.gov.uk/company/04924426|title=Company House|date=Company address|website=Company House|url-status=live}}</ref> By 2019 it has grown to consist of 19 schools in the UK and 1 each in France and Switzerland.<ref name="EdInvestor2012">{{cite news|title=Bellevue Education continues empire building|url=http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012|accessdate=9 November 2014|work=Education Investor Website|publisher=Education Investor|date=22 October 2012}}</ref><ref>{{Cite web|url=http://www.blvue.com/our-schools/|title=Bellevue Schools|website=Our Schools|url-status=live}}</ref> The Group also provides educational support to Bellevue Place Group,<ref>{{Cite web|url=https://www.bpet.co.uk/|title=Bellevue Place Trust|website=Bellevue Place Trust|url-status=live}}</ref> a group of [[Free school (England)|Free Schools]] to which Bellevue's CEO, Mark Malley, and its Group Schools Director, Steve Wade, are Trustees.<ref>{{Cite web|url=https://www.bpet.co.uk/about-us/trustees/|title=Bellevue Place Trustees|website=Our Trustees|url-status=live}}</ref> The group's early growth was driven by funding derived largely from Tarek Obaid, the founder of the oil company PetroSaudi, which has been implicated in the [[1Malaysia Development Berhad scandal]].<ref>Jon Ungoed-Thomas and Josh Boswell for the Sunday Times 10 April 2016 [http://www.thesundaytimes.co.uk/sto/news/uk_news/National/article1686389.ece Saudi oil tycoon revealed as investor in schools company]</ref><ref name="sarawakReport">{{cite web|title=How 1MDB's Stolen Money Funded Top UK Private Schools|url=http://www.sarawakreport.org/2016/04/how-1mdbs-stolen-money-funded-top-uk-private-schools/|website=sarawakreport.org|publisher=Sarawak Report|accessdate=12 April 2016}}</ref> Bellevue Education was acquired by GEMS Education in 2018, and is a UK and European subsidiary of the Group.<ref name=":0">{{Cite web|url=https://www.theassignmentreport.com/articles/20180831_27|title=GEMS Global completes acquisition of a controlling stake in Bellevue Education|website=Assignment Report|url-status=live}}</ref> In 2019, CVC acquired a 30% stake in GEMS Education, which also includes its stake in Bellevue Education.<ref name=":1">{{Cite web|url=https://www.ft.com/content/ab178020-a309-11e9-a282-2df48f366f7d|title=CVC-led consortium to take 30% stake in Dubai's GEMS Education|website=Financial Times|url-status=live}}</ref>