Providence Equity Partners acquisition of Tes Global Group

17/12/2018

Private acquisition

Status:

Announced

Date:

17/12/2018

Overview:

Providence Equity Partners has acquired Tes Global Group from TPG.
Tes is a digital education company, formerly known as the Times Education Supplement. It provides news and infromation covering the education sector.
It has a digital community of 11.6 million educators.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sectors:

Media
Social infrastructure

Firms:

Cleary Gottlieb Steen & Hamilton

Party: TPG (Seller)

Travers Smith

Party: Tes Global Group (Target)

Weil Gotshal & Manges

Party: Providence Equity Partners (Acquirer)

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