Elite Avenues Schools in NY, Sao Paulo to Be Sold to Nord Anglia

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.

Avenues campuses span New York, São Paulo, Shenzhen, and Silicon Valley, and the school also offers online education. Avenues Shenzhen, Avenues Silicon Valley, and Avenues Online will remain under existing management.

“Nord Anglia’s vision to ...