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Bridgepoint acquires Inspiring Learning

Bridgepoint Development Capital has acquired educational tour operator Inspiring Learning for an undisclosed amount from aPriori capital and Ares Management.
 
Inspiring Learning is a UK-based provider of residential activity centres and educational trips for primary and secondary school children.
 
According to its website, it runs tours geared towards learning for 250,000 students each year.
 
Its areas of expertise include overseas group travel (through the brand Equity), residential outdoor activity centres (through Kingswood), and residential and non-residential activity camps (Camp Beaumont, The Academies).
 
EducationInvestor reported on February it was put up for sale with DC Advisory appointed to run the auction process.
 
In the year ended 31 October 2015, Inspiring Learning had revenues of £69.7 million and one source said its ebitda was around £10 million.
 
The company was created in 2008 through the merger of Kingswood and School Travel Group, but its roots date back to 1933. The combined business, Education Travel Group, was rebranded as Inspiring Learning in 2014.
 
Bridgepoint acquired university pathway provider Cambridge Education Group in 2013 for £185 million.
 
Robin Lawson, director of Bridgepoint, said: "Inspiring Learning is a national operator of scale in a sector experiencing solid growth that is capable of growing both organically and by acquisition thanks to its strong capital base and a recognised ability to provide the volume and variety of out of classroom learning experiences required by schools nationally."
 
Deloitte acted as Bridgepoint’s corporate adviser while Cornerstone represented the management. 
 


Posted on: 02/11/2016




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