Nodeanda: After the takeover, the high-speed expansion and smooth operation of the baring

Multi-Knowledge Network February 19 News, the aristocracy school Nodeanda to the SEC to submit a prospectus, is expected to raise 300 million U.S. dollars. Many people have not heard of this school, what is the operation of it? Nodeanda's business began in 1972, but it was only 1997 years since the establishment of Nodeanda Education Limited, which was listed on the London Stock Exchange. August 2008 by the Baring Asian Investment Fund to 360 million U.S. dollars to buy back the market. Nodeanda fiscal year 2013, the estimated revenue of 415 million U.S. dollars. As of February 16, 2014, the total number of students in Anderson was 19,109 students, and 2013 per capita contribution revenue of 26,600 U.S. dollars. Students are mainly foreign, accounting for more than 73%. In fiscal year 2013, revenue contributions were estimated at 36%, 33.4%, 14.4% and 16.3% in China, Europe, Middle East/South East Asia and North America. The big step after the takeover of Baring was the real expansion of the era after the takeover by the Baring Asia. 2008 coincided with the economic crisis, Nodeanda expansion began to accelerate-from August 31, 2008 to February 16, 2014 in the 6 years, the number of students from 5,393 to 21,737, the number of registered students from 4,010 to 17,109. Such expansion is supported by the following actions: first, to expand the capacity of existing campuses, in cooperation with property developers. Since August 31, 2008, this cooperation has added 1980 places to Nodeanda, including Shanghai Pudong Campus, Puxi Campus and Beijing Shunyi campus. Second: Open campuses in developed markets. Since 1992, Nodeanda has completed 7 education projects, and 3 new projects are currently under construction. These include plans to build a two-level campus with a capacity of 1000 people in Chicago, which has now reached an agreement with property developers that the official completion time is expected to be September 2015. Third: Acquisition expansion. Since the end of fiscal 2008, Nodeanda has bought 19 schools, earning an annual average of 26% per cent of earnings before depreciation amortization (excluding the acquisition of less than 12-month-old campuses). Last May, Nodeanda bought 11 branches of the WCL group in the U.S. market at $237 million trillion, and in the same year bought the Guangzhou English-language training school at a price of $26.8 million (the school earned $6.2 million in 2013). Nodeanda disclosed in the prospectus that the future will continue to expand the size of existing schools, new campuses and acquisitions to further achieve growth. Interestingly, Baring has consistently pursued the expansion path of the merger model, and it is one of the investors in the amber education. Smooth operation: The annual tuition increase 4%~6% Although the expansion of rapid, but the data, Nodeanda operating conditions overall smooth. The tuition fee is the main source of income for Luanda, and there are ancillary income, including exams, school trips, bus traffic and lunch fees. On average, each student attends 3.5 years. According to Nodeanda, research, because of academic quality, student demand orTuition level and other causes of the number of students lost only 3. Over the past three years, Nodeanda's tuition has achieved an annual growth rate of about 4-6 per cent. Most of the tuition fees are paid by the parents of the students. Education allowances usually account for a small portion of the total remuneration of an expatriate, so the vast majority of out-of-pocket foreign families and some local families accept this increase. In fiscal year 2013, Germany's conversion rate of 62% per cent of school-visiting students was not included in the acquisition of schools. The number of school enrolment is expected to reach 21000 in 2016. Aristocratic schools also need to see results as a school, student performance is very important to a "capital", even the noble school. In 2013, nearly one-fifth of graduates enrolled in the world's top 30 (according to the QS World University Rankings), Nodeanda disclosed in the prospectus. In 2013, Nodeanda's International Baccalaureate Diploma Programme (IBDP) passed the rate of 91%, and the World IB average pass rate was 78.5%. In addition, 11.5% of the students scored more than 40 points (45 points), the World IB average score of more than 40 points in the ratio of 6.6%. In order to improve students ' performance, Nodeanda pursues personalized service, emphasizing the use of data-driven to achieve student performance improvement, in many hardware supporting facilities up and down the effort. For example, a complementary online learning platform,-global classroom (global Classroom), is developed to provide services to students at various campuses around the world, and will be linked to the University of Luanda. With the global classroom platform, students can interact online with experts from various fields and interact with students from other regional campuses. (Multi-Knowledge network Carey)