Manchester English language school gears for growth after £2.34m acquisition

From left: Daniel Rodgerson, Marzena and Richard Mace, and Jonathan Rourke
English language specialists Communicate School is gearing up for more growth following completion today, July 2, of its £2.34m acquisition by AIM-listed Malvern International. The Manchester-based language school, which is British Council accredited, was founded in 2013 by husband and wife team Richard and Marzena Mace. Last year it taught more than 600 students. For the year ended June 30, 2017, it reported unaudited revenues of £1m and profit before tax of £410,000. As at December 31, 2017 Communicate had net assets of ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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