BIMM is Europe's leading provider of creative arts education. With Sovereign's investment and support BIMM grew from two UK colleges to 12 colleges across Europe, and from 1,150 to c.8,200 students, and diversified its offering from modern music education to a broad range of further and higher education qualifications in the creative arts.
The arts and culture industry contributes around £11 billion a year to the UK economy. Students value the vocational nature of the courses BIMM is recognised for, thereby creating a strong student demand for their courses. As a specialist investor in the education sector, Sovereign recognised BIMM's high-quality offering and the opportunity to develop the group both organically and through acquisition. When the opportunity arose to back the MBO, the founding partners chose Sovereign.
When Sovereign first invested in BIMM the Group had 1,150 students in colleges in Brighton and Bristol teaching contemporary music. At exit the Group had:
Former students include Ella Mai, George Ezra, Mercy Sotire and James Bay, whilst Roger Daltrey became a patron.
At exit BIMM was recognised as Europe's leading provider of creative arts education.
This has been an incredible journey with Sovereign. Everyone at BIMM has always been passionate about bringing a high-quality education offering to students who want to learn the skills that are most relevant to provide them with the best possible chance of a successful career in the creative industries. The attractiveness of our offering to students has been constant and with Sovereign's continued investment and strategic support, we were able to achieve more than we had ever envisaged.
Adam Carswell / CEO / BIMM Institute