LONDON (ShareCast) - (ShareCast News) - Private equity investor Oakley Capital Investments said on Tuesday that Inspired, a premium schools organisation in which it has an interest through its shareholding in Educas, has completed the acquisitions of three schools.
Inspired has bought the International School of Europe Group (ISE), St Louis School and St John's International School for an undisclosed sum.

The additions of ISE, St Louis and St John's will expand Inspired's global network to a total of 23 schools, providing an "outstanding education" to over 15,000 students.

Founded in 1958 by the Formiga family, the International School of Europe is a group of schools in Italy with over 1,800 local and expatriate students between the ages of three and 18 in Milan, Modena, Monza and Siena.

Based in Milan, Italy, St Louis School provides an education to over 1,000 local and expatriate students between the ages of three and 18, while Brussels-based St John's International School has 700 students between the ages of two and eighteen.

Oakley director Peter Dubens said: "These three latest acquisitions in Italy and Belgium further enhance Inspired's position as a leading international schools group.

"We are delighted to be working with Nadim Nsouli and his team of leading educators in the ongoing development of the Inspired business, which continues to go from strength to strength based on its strong educational model and deep management expertise."

At 1427 BST, the shares were down 0.7% to 143p.

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