Tes Global
Liberty advises the management team of Tes Global on its acquisition by Onex Partners
Onex Partners has agreed to acquire Tes Global (“Tes”), a leading education technology services provider, from Providence Equity Partners L.L.C.
Tes is an international provider of comprehensive software solutions for the education sector. Its core vision is to power schools and enable great teaching worldwide by creating intelligent online products and services to make the greatest difference in education. Tes’ offering falls into three pillars – Staff Management, Safeguarding & Compliance, and Pupil & Learning Management – hosting over 13 million teachers on its online platform and serving over 17,000 schools in 117 countries. Tes also provides teachers with continuous professional development training in addition to software tools to deliver excellence in the classroom.
The Company’s products and services have proven critical throughout the COVID-19 pandemic as teaching and assessment have largely taken place remotely. Tes employs over 500 people operating across 10 offices, including in London, Sheffield, Hong Kong, Melbourne, Sydney, and Dubai.
Liberty advised the management team, led by Rod Williams, CEO, on all aspects of their reinvestment and on their new management incentive plan.
It was great working with the Liberty team again. The combination of Mick and Dan’s vast experience, market knowledge and collaborative approach allowed them to provide outstanding advice and support to me and my team throughout the process.
Rod Williams
CEO of Tes Global
Dan, Alex and I enjoyed working with Rod, Paul and their Tes Global team. We look forward to seeing them build on Tes Global’s existing momentum and continue to grow the business with the support of Onex Partners.
Michael McDonagh
Partner
+44 (0) 7715 705 000
michael.mcdonagh@libertycf.co.uk