Elite Avenues Schools in NY, Sao Paulo to Be Sold to Nord Anglia
Avenues Early Learning Center in New York.
Photographer: Amir Hamja/BloombergThis article is for subscribers only.
The New York and Sao Paulo campuses of the elite Avenues school will be acquired by Nord Anglia Education, according to an email sent to parents Tuesday.
Headwinds caused by the pandemic and changing financial markets made it challenging for the campuses to continue on a growth path, according to school officials. Avenues, founded in 2012, operates a network of schools around the world.