Novistra Capital, a New York based boutique M&A advisory, announced that Sancta Maria International School (“SMIS”), an India-based international school, has received majority investment into its services company from International Schools Partnership (ISP).
Headquartered in Hyderabad, India, Sancta Maria International School, part of the St. Mary’s Group, is one of the most prestigious and well-regarded international schools in India. Established in 2011 the school offers Cambridge curriculum to children aged 4-18.
International Schools Partnership (ISP) with its Headquarters in London, U.K. is one of the largest school groups globally with 50 schools in 13 countries educating more than 45K students.
The investment into the services company of Sancta Maria International marks ISP’s entry into India.
Mahender Reddy, the CEO of Sancta Maria International, said: “I am thankful to the Novistra team for running an effective transaction process. Their deep understanding of the sector and ability to navigate a complex process during challenging times of COVID helped us find a great partner. The team was closely involved throughout the process and their assistance was invaluable in closing the transaction.”
Vipul Bhargava, Partner at Novistra, stated: “We are delighted to have advised Sancta Maria team on their partnership with International Schools Partnership. Mahender and the team have built a world class school over the last 10 years and we believe that their partnership with ISP will only see the school thrive in the new world order we find ourselves in. We are confident that the global expertise of ISP and local expertise of Sancta Maria International will create one of the finest schools in India.”