Advised Providence on its acquisition of Tes, a leading teacher-centric digital recruitment, training and resources marketplace, from TPG

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Providence Equity Partners on its acquisition of Tes Global Group Limited from TPG Capital.

Headquartered in the UK, Tes supports and connects teachers and schools worldwide, helping them improve children’s lives through education. Tes hosts a digital community of 11.6m educators, who create and share teaching resources downloaded up to a million times a day. Through its proprietary digital tools and services, Tes helps schools attract candidates to fill vacancies, as well as qualify and train their own teachers

The acquisition of Tes marks another milestone for Providence’s investments in the global education sector. Providence has over 150,000 students across its existing portfolio of education-focused groups that include NACE Schools, Galileo Global Education and Study Group International. Providence will use its network and expertise to accompany Tes on its next phase of growth.

This transaction highlights Arma Partners’ sector expertise in digital media and online marketplaces as well as our continued success advising leading private equity buyers.