Investment management firm Downing has invested in Spaghetti Bridge, which was established last year to cater to children with special educational needs.
Approximately 1.4 million UK pupils have SEN, of which approximately 300,000 are eligible for ringfenced funding under the government’s High Needs Budget.
Since inception, Spaghetti Bridge has opened two schools – one in Somerset in September last year and a second in Devon last month – with a number of others planned.
Torsten Mack, investment director at Downing, said: “Our investment in Spaghetti Bridge is at the heart of what drives us at Downing – a commitment to the growth and development of UK-based businesses in markets that are generally underserved. Through Spaghetti Bridge, we are proud to be supporting some of the more vulnerable members of our society by providing them with specialist care and education. We are very happy to be working with such an expert and passionate team and are excited to continue growing the company to make a positive impact on the lives of those that need it most.”
Dan Alipaz, chief executive of Spaghetti Bridge, added: “We wanted a partner who shared our values and our vision for delivering the very highest quality special educational needs services – the Downing team were the perfect fit. Together, with our colleagues at Spaghetti Bridge, I am confident that we can grow a group of truly outstanding SEN schools and support services across the Southwest. These schools will serve the children and young people who too often have to fight too hard to access the education they need and deserve.”
Date published: September 29, 2021