Global group invests in private school

Inspired Education Group, one of the world's largest private education groups, with 115 schools in 24 countries and 90,000 students, has acquired a stake in the Moraitis School, while it is also reportedly in discussions with Geitonas Education schools. 

The move is the first major foreign investment in a Greek private school, responding to the high demand for quality educational services in Greece amid an environment of a growing economy and the challenges faced by public schools.

The investment in the Moraitis School involves the acquisition of a stake in the management company of the schools. 

The current ownership, which also oversees the school, remains a shareholder and maintains management. Simultaneously, the company's other properties and the iconic Moraitis School in Palaio Psychiko pass 100% to the existing owners; the families of the three major...