Bellevue Education: Difference between revisions
Two edits - Farlington not a recent acquisition anymore. Group's growth not largely derived from one investor, the investor in question was one of several families who invested to support the growth. |
Rescuing 1 sources and tagging 0 as dead.) #IABot (v2.0.9.5 |
||
| Line 23: | Line 23: | ||
The company adopted the name Bellevue Education Group in 2011, prior to acquiring three more independent schools: Edenhurst Preparatory School in Staffordshire, Brabyns Preparatory School in Cheshire, and Gateway School in Buckinghamshire.<ref name="DellamCompanyInfo" /> | The company adopted the name Bellevue Education Group in 2011, prior to acquiring three more independent schools: Edenhurst Preparatory School in Staffordshire, Brabyns Preparatory School in Cheshire, and Gateway School in Buckinghamshire.<ref name="DellamCompanyInfo" /> | ||
In 2012, Bellevue Education Group was reported to be jointly owned by Mark Malley, with a 35% stake, and its chairman Marwan Naja, owner of Plato One Ltd and Plato Two Ltd.<ref name="EdInvestor2012" /> Further investment in that year by Plato Two Ltd coincided with the establishment of Bellevue Education International Limited, of which Bellevue Education Group became a wholly owned subsidiary.<ref name="2011AnnualAccounts">{{cite web|title = Bellevue Education Limited – Annual Accounts|url = https://www.companiesintheuk.co.uk/company/documentextract/56750437|website = Companies in the UK|publisher = Bellevue Education Group Limited|accessdate = 9 November 2014|archive-url = https://web.archive.org/web/20141110003623/https://www.companiesintheuk.co.uk/company/documentextract/56750437|archive-date = 10 November 2014|url-status = dead}}</ref><ref name="Shareholders">{{cite web|title = Bellevue Education International Limited: Shareholders|url = http://companycheck.co.uk/company/08028529/BELLEVUE-EDUCATION-INTERNATIONAL-LIMITED/group-structure|website = Company Check|accessdate = 9 November 2014}}</ref> The parent company completed the acquisition of a Swiss boarding school, Surval Mont-Fleuri, subsequently renamed as [[Surval Montreux]].<ref>{{cite news|url=http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012|title=Bellevue Education continues empire building|date=22 October 2012|work=Education Investor Website|publisher=Education Investor|accessdate=9 November 2014|archive-date=10 November 2014|archive-url=https://web.archive.org/web/20141110002450/http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012|url-status=dead}}</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|1MDB scandal]].<ref name="thesundaytimes.co.uk"/> | In 2012, Bellevue Education Group was reported to be jointly owned by Mark Malley, with a 35% stake, and its chairman Marwan Naja, owner of Plato One Ltd and Plato Two Ltd.<ref name="EdInvestor2012" /> Further investment in that year by Plato Two Ltd coincided with the establishment of Bellevue Education International Limited, of which Bellevue Education Group became a wholly owned subsidiary.<ref name="2011AnnualAccounts">{{cite web|title = Bellevue Education Limited – Annual Accounts|url = https://www.companiesintheuk.co.uk/company/documentextract/56750437|website = Companies in the UK|publisher = Bellevue Education Group Limited|accessdate = 9 November 2014|archive-url = https://web.archive.org/web/20141110003623/https://www.companiesintheuk.co.uk/company/documentextract/56750437|archive-date = 10 November 2014|url-status = dead}}</ref><ref name="Shareholders">{{cite web|title = Bellevue Education International Limited: Shareholders|url = http://companycheck.co.uk/company/08028529/BELLEVUE-EDUCATION-INTERNATIONAL-LIMITED/group-structure|website = Company Check|accessdate = 9 November 2014|archive-date = 11 June 2016|archive-url = https://web.archive.org/web/20160611051108/https://companycheck.co.uk/company/08028529/BELLEVUE-EDUCATION-INTERNATIONAL-LIMITED/group-structure|url-status = dead}}</ref> The parent company completed the acquisition of a Swiss boarding school, Surval Mont-Fleuri, subsequently renamed as [[Surval Montreux]].<ref>{{cite news|url=http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012|title=Bellevue Education continues empire building|date=22 October 2012|work=Education Investor Website|publisher=Education Investor|accessdate=9 November 2014|archive-date=10 November 2014|archive-url=https://web.archive.org/web/20141110002450/http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012|url-status=dead}}</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|1MDB scandal]].<ref name="thesundaytimes.co.uk"/> | ||
Bellevue Education formed a joint venture with Place Group, [[Bellevue Place Education Trust|the Bellevue Place Education Trust]] (BPET), which operates seven, state funded, primary "[[Free school (England)|Free Schools]]" across London and the South-East.<ref name=MasterFundingAgreement2013>{{cite web|title=Bellevue Place Education Trust Free Schools: Master Funding Agreement|url=http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadfs=pdf&numfile=0|website=Department for Education: School Performance Tables|publisher=Department for Education|accessdate=10 November 2014}}</ref><ref name=TrustDirectorsReport2013>{{cite web|title=Bellevue Place Education Trust: Director's Report and Financial Statements for the year ending 31st August 2013|url=http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadar=pdf|website=School Performance Tables|publisher=Department for Education|accessdate=10 November 2014}}</ref> The Group's CEO, Mark Malley, and School Director, Steve Wade, form part of the Trustees of Bellevue Place.<ref>{{Cite web|url=https://www.bpet.co.uk/about-us/trustees/|title=Bellevue Place|website=Our Trustees|access-date=8 September 2019|archive-date=15 January 2021|archive-url=https://web.archive.org/web/20210115181156/https://www.bpet.co.uk/about-us/trustees/|url-status=dead}}</ref> | Bellevue Education formed a joint venture with Place Group, [[Bellevue Place Education Trust|the Bellevue Place Education Trust]] (BPET), which operates seven, state funded, primary "[[Free school (England)|Free Schools]]" across London and the South-East.<ref name=MasterFundingAgreement2013>{{cite web|title=Bellevue Place Education Trust Free Schools: Master Funding Agreement|url=http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadfs=pdf&numfile=0|website=Department for Education: School Performance Tables|publisher=Department for Education|accessdate=10 November 2014}}</ref><ref name=TrustDirectorsReport2013>{{cite web|title=Bellevue Place Education Trust: Director's Report and Financial Statements for the year ending 31st August 2013|url=http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadar=pdf|website=School Performance Tables|publisher=Department for Education|accessdate=10 November 2014}}</ref> The Group's CEO, Mark Malley, and School Director, Steve Wade, form part of the Trustees of Bellevue Place.<ref>{{Cite web|url=https://www.bpet.co.uk/about-us/trustees/|title=Bellevue Place|website=Our Trustees|access-date=8 September 2019|archive-date=15 January 2021|archive-url=https://web.archive.org/web/20210115181156/https://www.bpet.co.uk/about-us/trustees/|url-status=dead}}</ref> | ||