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09/2025

THAMES BRITISH SCHOOL acquired by DUKES EDUCATION

POLAND Education / Education Providers REV 1m GBP - 100m GBP

Context

Dukes Education, a leading independent education provider, has acquired Thames British School, marking a significant expansion of its European footprint into Poland. This strategic move aligns with Dukes' mission to grow its family of schools across the continent, which already includes institutions in the UK, Spain, Portugal, Switzerland, and several other countries. The transaction is presented as a partnership that will unlock substantial benefits for the Thames British School community. For the target school, joining the Dukes Education group provides access to a global network of resources, including a large pool of high-caliber educators, opportunities for international student and teacher exchange programs, and a collaborative platform for sharing educational best practices. This integration is expected to elevate the quality of education and create unprecedented learning and development opportunities for both students and staff. Aatif Hassan, the founder of Dukes Education, emphasized the strong alignment in mission and values between the two institutions, citing a shared commitment to educational excellence, student wellbeing, and the ethos of a high-quality British education. The leadership of Thames British School views the partnership as a pivotal moment in its history, enabling it to further enhance its educational offerings.

THAMES BRITISH SCHOOL, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Thames British School is a co-educational K-12 institution with four campuses located in Warsaw, Poland. Founded in 2018 with a single pre-school, it has grown into a prominent British international school in the city. The school provides a comprehensive educational pathway for students aged 2.5 to 18. Its curriculum is based on internationally recognized frameworks, including the Cambridge International School Programme and the International Baccalaureate (IB) Diploma Programme. This educational approach is designed to foster deep subject knowledge, conceptual understanding, and the development of higher-order thinking skills among its students. The qualifications offered are highly respected by universities and employers worldwide, providing students with a strong foundation for higher education and future careers in a global context. The school's mission is to prepare students for the future through a commitment to academic excellence and strong values, blending the traditions of a British education with a global perspective while also honoring local Polish traditions and customs.

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Historical Financials (GBP)

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2025
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REFERENCES

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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: thames british school

Acquirer: dukes education