- Sector: Media & Internet; Application Software
- Deal Type: Private Equity Deals
- Engagement type: Sellside
- Size: $835m
Arma Partners is pleased to announce that it has acted as financial advisor to Tes Global, an education technology provider, on its sale to Onex Partners.
Headquartered in London, Tes is an international provider of comprehensive software solutions for the education sector, hosting over 13 million teachers on its online platform and serving over 17,000 schools in 117 countries. The company offers products in Staff Management, Safeguarding & Compliance, and Pupil & Learning Management, and it also provides teachers with continuous professional development training to deliver excellence in the classroom. Since 2019, Tes has made several strategic acquisitions, including Edval, EduCare and SchoolCloud. Together with the launch of new products and services, these acquisitions have driven Tes’s transition to a technology-first partner for teachers and schools.
This transaction highlights Arma Partners’ expertise in education technology and our track record of successfully executing landmark transactions on behalf of private equity investors. Having advised Providence on its acquisition of Tes in 2019, the transaction also demonstrates Arma’s long-term relationship-driven approach.