Bellevue Education
Template:Use dmy dates Template:Infobox company Bellevue Education is an international for-profit education management company, founded in 2003 and based in Surrey.[1] It owns ten preparatory schools in the UK and two senior schools, in the UK and in Switzerland.[2] In addition to its fee paying schools, it runs seven Free Schools funded by the State, through its controlling interest in the Bellevue Place Educational Trust.
History
Bellevue Education was founded under the name House Education by Mark Malley in 2003, when he bought Norfolk House preparatory school in London.[1]>[3] He also became the headteacher, and when the school was inspected in 2007 it was reported to be significantly improved from its previous inspection, with outstanding leadership.[4]
In 2008 House Education was renamed The Really Great Education Company Limited (EDCO) and purchased Weston Green School in Surrey.[1][5] It also purchased Skippers Hill Manor Preparatory School in East Sussex in 2010.[6][7]
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.[1]
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.[2] 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.[8][9] The parent company completed the acquisition of a Swiss boarding school, Surval Mont-Fleuri, subsequently renamed as Surval Montreux.[10] The group's 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.[11][12]
Bellevue Education formed a joint venture with Place Group, the Bellevue Place Education Trust (BPET), which operates seven, state funded, primary "Free Schools" across London and the South-East.[13][14]
References
- ↑ 1.0 1.1 1.2 1.3 "BELLEVUE EDUCATION GROUP LIMITED". http://www.dellam.com/04924426-BELLEVUE%20EDUCATION%20GROUP%20LIMITED.html. Retrieved on 9 November 2014.
- ↑ 2.0 2.1 "Bellevue Education continues empire building". Education Investor Website (Education Investor). 22 Oct 2012. http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012. Retrieved on 9 November 2014.
- ↑ "Mark William Malley: Director Summary". http://companycheck.co.uk/director/913742040. Retrieved on 9 November 2014.
- ↑ "2007 Inspection Report on Norfolk House School". Independent Schools Inspectorate. http://isiservice.devprocess.com/HtmlReportViewer.aspx?r=1217_07.htm. Retrieved on 23 January 2016.
- ↑ "EDCO". http://www.theagencyforeducation.co.uk/work.php?item=edco&sub=2. Retrieved on 9 November 2014.
- ↑ "EMC brokers a bright new future for Skippers Hill Manor School". http://www.emcltd.co.uk/news/success-stories/emc-brokers-a-bright-new-future-for-skippers-hill-manor-school. Retrieved on 9 November 2014.
- ↑ Croft, James. "Profit-Making Free Schools: Unlocking the Potential of England's Proprietorial Schools Sector". http://www.adamsmith.org/sites/default/files/resources/ASI_School_report_WEB.pdf. Retrieved on 9 November 2014.
- ↑ "Bellevue Education Limited – Annual Accounts". Bellevue Education Group Limited. https://www.companiesintheuk.co.uk/company/documentextract/56750437. Retrieved on 9 November 2014.
- ↑ "Bellevue Education continues empire building". Education Investor Website (Education Investor). 22 October 2012. http://www.educationinvestor.co.uk/ShowArticle.aspx?ID=3012. Retrieved on 9 November 2014.
- ↑ Jon Ungoed-Thomas and Josh Boswell for the Sunday Times 10 April 2016 Saudi oil tycoon revealed as investor in schools company
- ↑ "How 1MDB's Stolen Money Funded Top UK Private Schools". Sarawak Report. http://www.sarawakreport.org/2016/04/how-1mdbs-stolen-money-funded-top-uk-private-schools/. Retrieved on 12 April 2016.
- ↑ "Bellevue Place Education Trust Free Schools: Master Funding Agreement". Department for Education. http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadfs=pdf&numfile=0. Retrieved on 10 November 2014.
- ↑ "Bellevue Place Education Trust: Director's Report and Financial Statements for the year ending 31st August 2013". Department for Education. http://www.education.gov.uk/cgi-bin/schools/performance/school.pl?urn=139775&downloadar=pdf. Retrieved on 10 November 2014.