Thursday 11 August 2022
Globeducate announces the acquisition of PASCAL Education (Cyprus) Ltd., the largest group of K12 English and Bilingual schools in Cyprus, with 3,000 students and 11 schools across three campuses.
This highly respected group of schools, which dominates private mainstream education in Cyprus, joins Globeducate – one of the world´s leading K12 education groups with 55+ premium bilingual and international schools, and online programmes, in ten countries.
PASCAL Education focuses on private mainstream education and prepares students for Cambridge International Examinations and are Pearson Edexcel centres. The group comprises both day and boarding schools and an accredited International Baccalaureate World School. PASCAL Schools are fully recognised by the Cyprus Ministry of Education and Culture and the organisation has 350 members of staff.
The schools include three English-medium kindergartens, three primary English-medium schools, three secondary English-medium schools and two secondary Greek-medium bilingual schools located across three campuses in the cities of Lefkosia, Lemesos and Larnaka.
Chief Executive Officer of Globeducate Luca Uva said: “We are very excited to be welcoming PASCAL Education to Globeducate and to extending our global community to include a new part of the world for us as a group. We now have schools in 10 countries and are looking forward to working with our newcolleagues in Cyprus.
“Our conversations with the management team of PASCAL Education quickly highlighted many shared values and goals, and I believe this will be a dynamic and important step in the future growth of both organisations. Schools in Globeducate specialise in a variety of highly respected international curricula including the English National Curriculum and International Baccalaureate, as well as national curriculafor Canada, France, India, Italy, Malaysia, Portugal and Spain, and our students achieve high grades andgo on to higher education programmes at 25 of the world´s top 50 universities.”
Mr Pantelis Andreou, President of PASCAL Education (Cyprus) Ltd., said: “We strongly believe that this is a very positive development that will guarantee the growth of our organisation in Cyprus, modernising our structures and practices, bringing in new expertise and know-how, and upgrading our services.
“Being a member of Globeducate will bring many benefits to our schools – for our students and
teachers; notably the wide range of international student events organised by Globeducate, including
Model United Nations, Academic Olympics, International Music Festival, Olympic Games, Student
Leadership Conference, and a Visual Arts Festival.
“Our teachers will benefit from being able to join international learning communities focusing on Outdoor Learning, Reading and STEAM education, and Sustainability, who meet regularly online and sometimes in person. This gives the scope to share and learn from best practice within the group.”
The transaction was led by Globeducate’s lead legal advisors, Cyprus boutique commercial law firm
Pittas + Koullouros LLC, with specialist support from Pyrgou Vakis LLC.