IrelandThe Institute of Education, a private grinds school in Dublin, saw its profits triple after being acquired by British education firm Dukes Education in April 2023 for nearly €130 million. New financial accounts reveal that the school's turnover increased by 15% to €26.5 million in the 12 months ending August 2025, with operating profit rising from €9.2 million to €10.5 million and after-tax profit increasing by 9% to €9.2 million. This marks a significant improvement compared to the €3 million profit recorded in the final year before the sale. The school was previously owned by the late Ray Kearns and his children, who sold it to Dukes Education, which now operates over 30 schools across Britain, Portugal, and Ireland. The new owners have expanded their portfolio, including acquiring Bruce College in Cork for €9 million, and have begun renovations to expand their presence on Leeson Street.
Bias read (Center): The article presents factual financial data regarding the performance of the Institute of Education post-acquisition, without overtly favoring any political perspective. It focuses on business operations, ownership changes, and financial outcomes rather than engaging in political commentary or bias.
