The prestigious Makini school is set to be sold to a South African private education group Advtech.
In a letter to parents Makini Executive Dr Mary Okelo says Scholes has acquired all Makini shares while Advetech website says the group has acquired Scholé Ltd.
Schole manages various schools throughout Sub-Saharan Africa since 2012.
According to Makini, the group will add more value to the school by ensuring that pupils benefit from enhanced quality of education and facilities.
“Schole is a reputable organisation that has experience in the education sector in different parts of Africa. With support of the Advtech Group they have undertaken to give new impetus to the Makini Schools by ensuring that children benefit from enhanced quality of education and facilities. Makini will be continuing with the Kenyan curriculum,” said Okelo.
Advtech has been expanding in Africa, where rising incomes have created a pool of customers willing to pay for private education.