Cookie policy: This site uses cookies to simplify and improve your usage and experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Your privacy is important to us and our policy is to neither share nor sell your personal information to any external organisation or party; nor to use behavioural analysis for advertising to you.

Apollo completes BPP takeover

Giant US for-profit university provider establishes foothold in UK. Hannah Fearn reports

The owner of the largest profit-making university in the US has bought BPP Holdings, the UK’s largest private higher education provider.

Apollo Global, a subsidiary of Apollo Group, the American for-profit higher education company that owns the University of Phoenix, has formally acquired BPP for £368 million.

The move is expected to herald the creation of a wave of new private colleges and universities in the UK, as Apollo has confirmed that it intends to use the acquisition to expand into Europe.

The announcement came as David Willetts, the Shadow Universities Minister, made it clear that a Conservative Government would encourage increased competition from private players in the UK higher education sector.

He told The Observer newspaper that universities may find themselves competing for students not only with other public institutions, but also with a new generation of profit-making education companies both domestically and internationally.

“There are American university chains that are looking to come to Britain and [there is] talk of mergers between British and American universities. India is looking at links. I think it’s ripe for these kinds of supply-side reforms,” Mr Willetts said.

hannah.fearn@tsleducation.com

  • Print
  • Share
  • Save

Related images

  • A picture of BPP Law School
  • Print
  • Share
  • Save
Jobs