Acquired by Delancey client funds for circa £100 million in 2007, the Alpha Plus Group (APG) is one of the largest private school groups in the UK, with a primary purpose of developing excellence in education through well-directed investment and professional governance. Schools within the group include the prestigious Wetherby Schools, Pembridge Hall School for Girls and Chepstow House School in London.
- The private school sector in the UK has high barriers to entry, with real estate and planning being two of the most challenging hurdles. APG provided the opportunity to acquire a prime and stable real estate-backed platform with the potential to increase cash flow by combining the skill sets of the Delancey and APG management teams
- Delancey’s real estate expertise opened opportunities for the group to significantly expand and improve the business, including opening 6 new schools and increasing pupil numbers by 80%
- APG’s schools were renowned for having a strong academic focus, excellent pastoral care and outstanding locations, which resulted in APG students achieving excellent 11+ and Common Entrance offers, and with many students being offered places at their first-choice senior school winning exhibitions and scholarships in drama, music and sports
In October 2023, Delancey client funds completed the sale of APG to Inspired Education – a leading global group of premium schools operating 80 schools across 23 countries – at a price reflecting an enterprise value of over £230 million. The transaction excludes three pre-university Colleges (located in in London, Cambridge and Manchester) and several freehold properties, that continue to be owned by Delancey client funds.