M&A Deal Summary

Wiley Edge Acquires MThree Consulting

On January 6, 2020, Wiley Edge acquired business services company MThree Consulting from ECI Partners for 129M USD

Acquisition Highlights
  • This is Wiley Edge’s 2nd transaction in the Business Services sector.
  • This is Wiley Edge’s 6th largest (disclosed) transaction.
  • This is Wiley Edge’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2020-01-06
Target MThree Consulting
Sector Business Services
Buyer(s) Wiley Edge
Sellers(s) ECI Partners
Deal Type Add-on Acquisition
Deal Value 129M USD
Advisor(s) Jefferies (Financial)
Addleshaw Goddard
Osborne Clarke (Legal)

Target

MThree Consulting

London, United Kingdom
MThree Consulting is a global consultancy, providing technology services to leading financial services and tech companies. It recruits and trains STEM graduates to work as technologists in investment banks and technology companies around the world. MThree Consulting was founded in 2010 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Wiley Edge

Hoboken, New Jersey, United States

Category Company
Founded 1807
Sector Publishing
Employees8,800
Revenue 2.0B USD (2023)
DESCRIPTION
Entrance to John Wiley & Sons' corporate headquarters in Hoboken, New Jersey.
Entrance to John Wiley & Sons' corporate headquarters in Hoboken, New Jersey.

Wiley Edge is a knowledge company in research, publishing, and knowledge solutions. Dedicated to the creation and application of knowledge, Wiley serves the world’s researchers, learners, innovators, and leaders, helping them achieve their goals and solve the world’s most important challenges. Wiley Edge was founded in 1807 and is based in Hoboken, New Jersey.


DEAL STATS #
Overall 16 of 19
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 15 of 17
Country: United Kingdom M&A 3 of 5
Year: 2020 M&A 1 of 3
Size (of disclosed) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Zyante

Los Gatos, California, United States

Zyante, Inc. is a provider of computer science and STEM education courseware. Zyante was founded in 2012 and its zyBooks platform has served over 500,000 students across 500 institutions. Zyante, Inc. targets some of the fastest growing and in-demand STEM disciplines, bridging the gap between classroom and career, and enhancing lifelong productivity and employability.

Buy $56M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-12 Madgex

Brighton, United Kingdom

Madgex Ltd. is a provider of advanced job board software and career center services. Madgex was founded in 2000 and is based in Brighton, United Kingdom.

Buy -

Seller(S) 1

SELLER

ECI Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1976
PE ASSETS 2.0B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.


DEAL STATS #
Overall 61 of 76
Sector: Business Services M&A 7 of 8
Type: Add-on Acquisition M&A Deals 32 of 39
Country: United Kingdom M&A 56 of 70
Year: 2020 M&A 1 of 5
Size (of disclosed) 8 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-07 KB Associates

Dublin, Ireland

KB Associates is a professional services firm advising investment funds and asset managers. The company supports over 250 asset managers and provides extensive governance services to funds exceeding US$400bn. It has particular expertise in the establishment and operation of UCITS. KB Associates was founded in 2003 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Encore Tickets

London, United Kingdom

Encore is an official partner of over 160 theatres and attractions and has been working closely with venues, producers and cultural institutions for over 19 years to create exclusive ticket deals, access and unique experiences for Encore customers. Encore delivers largest and most international theatre audiences with the widest range of plays and shows in the West End and Broadway, with over 6 million West End theatre and 10 million attraction tickets on sale at any one time. The Business sells both direct to consumer through its B2C brands (Ovation Tickets, NewYorkTheatreGuide.com, BoxOffice.co.uk, and LondonTheatre.co.uk) as well as through its 1,500 B2B online, media and travel partners including TimeOut, lastminute.com, and Expedia. Its global specialist theatre distribution platform is underpinned by a proprietary technology platform. Encore was formed in 2000 and is headquartered in London.

Sell -