Quayle Munro is pleased to announce that it has advised Kaplan International (“Kaplan”), one of the world’s largest providers of educational services and a subsidiary of Graham Holdings Company (NYSE:GHC), on its acquisition of Mander Portman Woodward (“MPW”), one of the UK’s most prestigious and well-respected independent Sixth Form College groups, from Levine Leichtman Capital Partners. Terms of the transaction were not disclosed.
MPW is a leading provider of high quality, bespoke education to UK and international students, covering a wide range of A Level and GCSE courses. MPW operates across three colleges strategically located in London, Cambridge and Birmingham with close proximity to prestigious university campuses.
Established in 1973, MPW has a pre-eminent track record in assisting its students achieve academic success and gain entry to the world’s leading universities, including Oxford and Cambridge. In addition, having successfully introduced its International Foundation Programme, MPW is now one of only three institutions in the UK approved to teach this programme with academic direction by the London School of Economics and Political Science (LSE). In conjunction with its subsidiary, Justin Craig Education, MPW is also the UK’s leading provider of revision courses for extramural students.
Kaplan already operates pathway colleges that prepare international students for entry to some of the most prestigious universities in the UK, US and Australia. MPW’s programmes are highly complementary to Kaplan’s portfolio and will create significant opportunities to expand both Kaplan’s and MPW’s footprint in key overseas markets. Kaplan intends to use its extensive resources to help the MPW management team open new schools in both the UK and internationally, as well as to expand their academic offering.
The transaction adds to Quayle Munro’s extensive track record in the global education and training sector and follows on from other recent transactions which include acting for Global University Systems on its acquisition of The University of Law and for the shareholders of Eukleia Training on its sale to Learning Technologies Group PLC.