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Globeducate announces the acquisition of The International School of Paphos, owned by I.V. Educational Management Services Limited.

Globeducate is a leading international K-12 education group with more than 65 leading bilingual and international schools and online programmes, serving more than 40,000 students across 11 countries, including Cyprus, France, India, Italy, Morocco, Portugal, Spain and the United Kingdom. Offering a variety of international curricula, such as the National Curriculum for England and the International Baccalaureate, Globeducate delivers a truly global education. In Cyprus, its local network includes PASCAL International Education and the Educational Group Olympion.

The International School of Paphos (ISOP), established in 1987 by Mr. Theodoros Aristodemou as the first private English school in Paphos, continues to shine as a beacon of educational excellence in Cyprus. Offering a top-tie education to nearly 1200 students, ranging from 2 陆 years old (Kindergarten) to 18 years old (A Levels/Apolytirion), ISOP shines as a symbol of innovation, inclusivity, and achievement.

Excellence is at the heart of ISOP鈥檚 ethos, with students achieving national and international recognition and awards. As a registered institution with the Cyprus Ministry of Education, Sport and Youth, ISOP is an accredited centre for two of the UK鈥檚 leading examination boards, Cambridge International Education (CIE) and Pearson Edexcel. Its enriched National Curriculum for England, with a significant emphasis on Greek language and culture programmes, is complemented by a wide range of subjects, ensuring that every student鈥檚 academic journey is both comprehensive and personalised.

With students and staff representing over 40 nationalities, ISOP serves as an ideal ambassador for promoting respect for diversity. By cultivating partnerships with leading cultural and educational organisations such as the British Council, Goethe-Institut, Confucius Institute, French Institute, and embassies from Russia, the US, and beyond, ISOP brings the world to its students.

The foundation of ISOP鈥檚 long-standing success lies in its dedicated and experienced staff, consisting of 170 educators, support staff, and administrators from diverse specialisations, nationalities, and age groups. Collaborating closely with families and the broader community, ISOP staff nurture critical thinking, foster innovation, and uphold the values that define the school. As outlined in its vision, ISOP aims to nurture independent individuals who contribute meaningfully as global citizens. The school embraces a holistic approach, blending academic excellence with the development of emotional intelligence, social skills, and self-confidence, while fostering respect and empathy.

ISOP students thrive through a wide range of extracurricular activities, from sports and the arts to global programmes such as the Mediterranean Model United Nations (MEDIMUN), Duke of Edinburgh鈥檚 International Award, European Parliament Ambassador School (EPAS), ECO School, Pasch Programme, and more, which inspire creativity and leadership beyond the classroom.

The school boasts a modern, secure campus in the suburbs of Paphos where the Kindergarten, Primary and Secondary School as well as the Private institute are operated from, offering comfortable teaching spaces and a technologically advanced learning environment. The facilities include a purpose-built Kindergarten complex; five computer labs and four science labs; music and recording studios; a drama studio and art gallery; a library and multimedia-equipped classrooms; a multi-purpose sports hall and heated indoor swimming pool; an astroturf football pitch, outdoor courts, and athletics facilities; dedicated spaces for creative and physical activities; as well as a cafeteria, sick bay, and fully climate-controlled environments.

Commenting on the acquisition, Mrs. Andriotis, Managing Director of the International School of Paphos, said: 鈥淎s part of the Globeducate family, we will gain access to a wealth of resources, expertise, and support to enhance teaching practices and enrich our students' learning experiences. Globeducate鈥檚 mission, closely aligned with our own, is to prepare each student to become a global citizen who can shape the future. While joining Globeducate offers exciting opportunities, our school鈥檚 values, and traditions, will remain unchanged.鈥�

Mr. Theodoros Aristodemou, the founder and Chairman of the International School of Paphos commented: 鈥淛oining the Globeducate network of schools is undoubtedly a milestone in our school鈥檚 journey, which will expand its horizons through this collaboration. We are very proud of what we have achieved over the years, creating a model school at a time when the necessary infrastructure did not even exist in Paphos. Surely this would not have been possible without the excellent cooperation of our dedicated staff and leadership team, the longstanding support of our parents and students, as well as the smooth supervision of the Board of Directors. Our decision to collaborate with such an established and esteemed education group like Globeducate was made after careful planning, with the

aim of better serving the long-term interests of our community, staff, students and families.鈥�

Mr. Luca Uva, CEO of Globeducate, said: 鈥淲e are delighted to welcome The International School of Paphos to Globeducate, further strengthening our presence in Cyprus, and our commitment to investment in education on the island. We are excited to collaborate with the school鈥檚 leadership and community to build on its strong foundations. Globeducate is committed to providing students with an outstanding education through a diverse range of national and international curricula, and we look forward to supporting the school in offering even greater opportunities within our global network.鈥�

The transaction was led by Globeducate鈥檚 lead legal advisors, Pittas + Koullouros LLC led by Panayiotis Koullouros. Finance and Tax advice: Deloitte; Operational: Afaya Partners; Commercial: Edacto; Real Estate: CBRE. The legal advisors representing Mr. Theodoros Aristodemou were S.A. Evangelou & Co LLC, a member firm of PricewaterhouseCoopers International Limited (PwCIL).