Northern Ballet School

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Northern Ballet School - overview

Location

Manchester, -, UK

Primary Industry

Education/Training

About

Northern Ballet School is a specialist institution in Manchester, UK, dedicated to providing professional training in classical ballet and musical theatre, preparing students for careers in the dance industry. Northern Ballet School is a training establishment focusing on classical ballet and musical theatre education, founded in 1977. The school is headquartered in Manchester, UK, and it was acquired by BIMM Limited, a portfolio company of Sovereign Capital Partners, in June 2020, with financial terms undisclosed. The founder's history is not available.


Northern Ballet School specializes in training for classical ballet and musical theatre, offering a comprehensive three-year Diploma in Professional Dance. This full-time program awards students with the Trinity College London Diploma in Professional Dance alongside the Northern Ballet School Diploma. The curriculum emphasizes a diverse range of dance styles and genres, equipping students with the necessary skills to excel in an evolving industry. The school's training approach combines historical elements from its founding in 1977 with contemporary practices, tailored to meet the demands of the global dance performance market.


Northern Ballet School serves a broad client base of aspiring dancers from the UK and international markets, preparing them for careers in classical ballet and commercial theatre. The revenue model for Northern Ballet School is primarily based on tuition fees collected from students enrolled in their professional diploma programs. These fees cover the costs associated with delivering high-quality training and access to facilities, including live public performances staged in their 430-seat theatre. The business transactions take place directly between the school and its students, with payments made for the duration of the three-year course.


This structure allows students to receive comprehensive training while offering Northern Ballet School a steady stream of income as they cultivate future dance professionals. The school's reputation for excellence and its partnerships with industry stakeholders further enhance its financial sustainability. In June 2020, Northern Ballet School was acquired by BIMM Limited, which is expected to support its future initiatives. The school plans to enhance its training offerings and potentially expand into new geographical markets, although specific regions have not been disclosed.


The funding from the acquisition will likely be utilized to develop new programs and strengthen partnerships within the dance industry.


Current Investors

BIMM Music Institute

Primary Industry

Education/Training

Sub Industries

Schools

Website

www.northernballetschool.co.uk

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Northern Ballet School - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNorthern Ballet School-

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