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Sunday, December 3, 2023

With the booming Ajman economy, GSM has acquired the majority of Crown Private School.

AjmanWith the booming Ajman economy, GSM has acquired the majority of Crown Private School.

With 45,000 students spread across 165 schools in the United States, the Middle East, the United Kingdom, and Africa, Global School Management (GSM) has announced that it has acquired the majority of Crown Private School of Ajman. Crown Private School is GSM’s first school acquisition in the United Arab Emirates, a move that highlights the company’s expansion strategy in the GCC.  

Avalon Global Education established Crown Private School, a prestigious Ajman school that serves more than a thousand kids from 3 to 18 years old. With resources like its robotics and innovation lab, the school showcases its innovation-driven approach while providing a top-notch British education based on the National Curriculum for England.

Vinod Sharma, the school’s founder, and his committed staff will continue to run and supervise the operations, making sure that the institution’s core principles and standards are upheld. Ideal Capital, a renowned advisory company in Dubai, provided advice to Avalon Global Education regarding this purchase.

The renowned educationist and visionary founder of GSM, Mr. Ron Packard, spoke about the transaction and said, “I am delighted to announce that we have acquired a majority stake in Crown Private School in Ajman.” The school’s excellent program has contributed to its significant growth during and immediately following the pandemic. This was very out of the ordinary for the local schools. I’m excited to work with the Ajman community and think the school has a great future.

Vinod Sharma, the founder and chairman of Crown Private School, expressed his excitement about the collaboration, saying, “I’m thrilled to have GSM as a partner.” Crown Private School is the most beloved school in Ajman, attended by both foreigners and Emiratis. I would like to express my sincere gratitude to the Royal Family of Ajman for their unwavering support. I have high hopes that this partnership will help Crown reach new heights. I would want to express my gratitude to everyone who was a part of this transaction, especially Ideal Capital, our consultants, who saw it through to the end.

The purchase was made during a period of strong economic growth in Ajman, with 5.7% increase in 2022, according to the annual report from the Ajman Statistics Centre. The first quarter of 2023 confirmed this expansion even more.

The expansion of Crown Private School and the economic prosperity of Ajman demonstrate how foreign investment is moving beyond the conventional investment hotspots in the area.  

Shortly after announcing the acquisition of BBD Education, a leading supplier of professional education services and management for the expanding schools market in the GCC, Safanad and GSM announced an initial investment of US$200 million in the region’s education sector at the Future Investment Initiative (FII) 6 in October 2022. The purchase of Crown is in line with GSM’s investment goal, which will establish the company as a significant global player in the MENA area. 

GSM Middle East CEO Shaun Robison continued, “We are thrilled to have acquired a majority interest in Crown Private School.” Since I’ve known Vinod Sharma for a while, I’ve always been pleased by the school’s growth and development despite adversity. We believe that Ajman has a lot going for it because of creative government efforts.


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