Education
Novistra Capital advises St. Mary’s Education Society on its acquisition of Vidsan Charterhouse
Novistra Capital, a New York-based boutique M&A advisory, is pleased to announce that St. Mary’s Educational Society (“St. Mary’s”) has acquired an international board K-12 school, Vidsan Charterhouse (“Vidsan”).
St. Mary’s is a group of educational institutions in India operating a K-12 school, two junior colleges and an undergraduate college in Hyderabad. Established in 1981, St. Mary’s has consciously and systematically spread its presence to ensure that quality education is available across a diverse age group.
Vidsan is India’s first co-educational boutique boarding K-12 school, which maintains prime focus on personalized development, innovative thinking and academic excellence. Based in Delhi NCR, Vidsan is accredited with both Cambridge Educational International Assessment (CAIE) and the International Baccalaureate (IB) boards.
Mahender Reddy, the CEO of St. Mary’s, commented: “We are delighted to acquire Vidsan Charterhouse and thus the establishment of Sancta Maria International, Delhi NCR. The acquisition further strengthens St. Mary’s presence in India and its first expansion outside Telangana. We believe Vidsan is a great school and will flourish under St. Mary’s management. The counsel from the Novistra team was instrumental during the process as we look forward to working with them in driving our expansion goals”. St. Mary’s continues to expand its portfolio of international schools in line with its vision of becoming one of the leading educators in the country.
Vipul Bhargava, Partner at Novistra Capital, the financial advisors to St. Mary’s, stated: “It was an absolute pleasure advising Mahender and his team at St. Mary’s on the acquisition of Vidsan Charterhouse and the establishment of Sancta Maria International, Delhi NCR. We continue to see great opportunities in the international K-12 sector in India despite the pandemic and are delighted to help St. Mary’s Group on their expansion plans”.
Deal Team
Vipul Bhargava
Managing Director
