THE acquires聽Poets&Quants
London --聽探花视频 (THE) the world鈥檚 leading provider of higher education data and insights is delighted to have completed the acquisition of 聽 the leading provider of news and resources for prospective business students worldwide.
The deal is the latest in a number of high-profile acquisitions by聽THE, and brings together two innovative and trusted providers of information and insights for higher education. It significantly strengthens THE鈥檚 offering in the business education sector, where P&Q reaches more than 85% of the active MBA applicant market for the world鈥檚 top 100 business schools. The acquisition will enable P&Q to grow its international audience and relationships with business schools, and to continue its focus on developing data insights, resources and events for the wider business education community.
To help accelerate our plans in the sector, Josh Macht has joined THE鈥檚 Board as a non-executive director. Josh played a pivotal role in transforming Harvard Business Publishing and held a succession of key roles including Publisher, Chief product and Innovation officer and acting CEO.
THE has been at the heart of higher education for more than 50 years, working with thousands of universities across the world. Its range of products and services touch all aspects of higher education, and include data insights and consultancy for institutions and governments.
Founded in 2010 by John A. Byrne, ex Executive Editor at Business Week, P&Q provides in-depth coverage to the business education community. Featuring authoritative content, including consolidated rankings, news, in-depth features and events, P&Q empowers people to make informed decisions about their MBA. Mr Byrne is the world鈥檚 leading influencer in the business school market with unprecedented social reach.
John Byrne, founder of P&Q, said:
鈥淭his is a match made in heaven. We鈥檒l be joining a news and data-gathering organisation that deeply understands the higher education market. With THE鈥檚 additional resources, we鈥檒l be able to vastly extend our reach around the world and expand our current offerings for both our readers and clients. I鈥檓 excited to work with THE CEO Paul Howarth over the next few years so Poets&Quants will have an even bigger impact on the lives of people who want to pursue a business education."
C-Change Media is the parent company of Poets&Quants, which THE has acquired. Two additional properties include , covering the executive MBA and executive education market and , covering the undergraduate business school market. Two smaller sites , which covers the law school market, and , focusing on social entrepreneurship, are also part of the portfolio.
Having celebrated its 50th聽anniversary in 2021, THE continues to provide news, insights and thought leadership, collecting data from more than five million data points about more than 6,700 institutions from 155 countries, and working with clients across its data, consultancy and hiring services. It is also known for its events for higher education professionals, including its flagship World Summit Series, which engaged more than 19,000 people globally in 2022.
Commenting on the acquisition,聽Paul Howarth, CEO of THE, said:
鈥淲hen I met John Byrne, I instantly felt a rapport with him and when I got to learn more about P&Q the more I knew it was an ideal acquisition for THE. I鈥檓 really excited about what we can do together to grow in the business education market. With our recent acquisitions and organic growth, we鈥檙e fulfilling our mission to support and enable universities across the world to excel.鈥
Owned by Inflexion Private Equity, which acquired the business in February 2019, THE is headquartered in London, with offices in Australia, the US and Singapore.
It has undergone a period of rapid growth, both organic and through acquisition. Last year THE acquired three high-profile businesses:
- the US-based news provider, which gives THE a combined worldwide audience of around 50 million users (January)
- the leading global organiser of international student recruitment events, with a combined reach of around 20 million prospective students (September)
- , the rapidly growing provider of data-led, code-based analysis to support UK universities (November).
***ENDS***