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BPP Holdings

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BPP Holdings Limited
TypeWholly owned subsidiary
IndustryEducation
Founded1976 (1976)
HeadquartersLondon, England, UK
Key people
Graham Gaddes, (CEO)
OwnerTDR Capital
DivisionsBPP Learning Media
BPP Professional Education
BPP University
Websitebpp.com

BPP Holdings Limited is a holding company of the United Kingdom-based provider of professional and academic education. It was a subsidiary of the American for-profit higher education company Apollo Global since July 2009, having formerly been listed on the London Stock Exchange and a constituent of the FTSE 250 Index, before being purchased by TDR Capital in March 2021.

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United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is 242,495 square kilometres (93,628 sq mi), with an estimated 2023 population of over 68 million people.

Higher education

Higher education

Higher education is tertiary education leading to the award of an academic degree. Higher education, also called post-secondary education, third-level or tertiary education, is an optional final stage of formal learning that occurs after completion of secondary education. It represents levels 5, 6, 7, and 8 of the 2011 version of the International Standard Classification of Education structure. Tertiary education at a nondegree level is sometimes referred to as further education or continuing education as distinct from higher education.

London Stock Exchange

London Stock Exchange

London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. As of November 2021, the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group. The LSE was the most-valued stock exchange in Europe from 2003 when records began until Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe's largest stock exchange 10 days later. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to the 2020 Financial Conduct Authority (FCA) report, approximately 15% of UK adults reported having investments in stocks and shares.

FTSE 250 Index

FTSE 250 Index

The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, September, and December. The Index is calculated in real-time and published every minute.

TDR Capital

TDR Capital

TDR Capital LLP is a British private equity firm headquartered in London, England.

History

The company was founded by Alan Brierley, Richard Price and Charles Prior in 1976 as Brierley Price Prior to provide training to accountancy students.[1] It was first listed on the London Stock Exchange in 1987. Also in 1987 the company acquired Mander Portman Woodward, a provider of Fifth and Sixth Form teaching.[2] Then in 1992 the company established BPP Law School which in 2005 became a founding School of BPP College of Professional Studies, which provides legal as well as business management training.[1] In 2007 the Privy Council awarded BPP College powers to award degrees.[3] The company was acquired by Apollo Global for £368 million[4] in July 2009.[5] In July 2010 BPP College was awarded University college status.[6] In August 2013, BPP University College was granted full university status and now is known as BPP University.[7]

In December 2020, several media outlets, including The Lawyer and Legal Cheek, reported that BPP's Public Relations team had been warned by Wikipedia for “disruptive editing” practices on the page for the BPP Holdings-owned BPP University, and ended up being “banned indefinitely” from editing the online encyclopaedia.[8][9] Whilst stating that the edits were “minor”, a BPP spokesperson said the company will henceforth “follow Wikipedia’s guidance” for editing. A spokesperson for BPP's PR agency Gerard Kelly & Partners (GKP), which was on the receiving end of the ban, issued a statement stating that the BPP PR team will henceforth follow guidelines on editing “as advised by Wikipedia.”[10]

The company was acquired by TDR Capital in March 2021.[11]

In November 2021 BPP acquired Estio Training.[12]

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London Stock Exchange

London Stock Exchange

London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. As of November 2021, the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group. The LSE was the most-valued stock exchange in Europe from 2003 when records began until Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe's largest stock exchange 10 days later. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to the 2020 Financial Conduct Authority (FCA) report, approximately 15% of UK adults reported having investments in stocks and shares.

Mander Portman Woodward

Mander Portman Woodward

Mander Portman Woodward is a group of British independent schools, with branches in London, Birmingham and Cambridge, offering GCSE and A-Level courses.

BPP Law School

BPP Law School

BPP University Law School is a private, for-profit provider of professional and academic legal education in the United Kingdom and one of the founding schools of BPP University.

University college

University college

In a number of countries, a university college is a college institution that provides tertiary education but does not have full or independent university status. A university college is often part of a larger university. The precise usage varies from country to country.

BPP University

BPP University

BPP University is a private university in the United Kingdom.

The Lawyer

The Lawyer

The Lawyer is a legal business information product for law firm leaders, commercial lawyers, barristers and in-house counsel. It is based in London.

Legal Cheek

Legal Cheek

Legal Cheek is a British legal news website. It also has a careers section featuring research about law firms and barrister chambers and a large following on social media.

Wikipedia

Wikipedia

Wikipedia is a multilingual free online encyclopedia written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and using a wiki-based editing system called MediaWiki. Wikipedia is the largest and most-read reference work in history. It is consistently one of the 10 most popular websites ranked by Similarweb and formerly Alexa; as of 2023, Wikipedia was ranked the 5th most popular site in the world. It is hosted by the Wikimedia Foundation, an American non-profit organization funded mainly through donations.

TDR Capital

TDR Capital

TDR Capital LLP is a British private equity firm headquartered in London, England.

Source: "BPP Holdings", Wikipedia, Wikimedia Foundation, (2022, December 1st), https://en.wikipedia.org/wiki/BPP_Holdings.

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References
  1. ^ a b "BPP Profile" (PDF).
  2. ^ Robert Woodward: teacher and entrepreneur The Independent, 15 November 2008
  3. ^ FTSE company wins right to give degrees The Times, 25 September 2007
  4. ^ Fearn, Hannah (4 August 2009). "Apollo completes BPP takeover". Times Higher Education. Retrieved 5 August 2009.
  5. ^ "BBP Holdings PLC (UK): Scheme Of Arrangement". FTSE Group. 27 July 2009. Archived from the original on 14 June 2011. Retrieved 5 August 2009.
  6. ^ BPP wins university college status as David Willetts acts on pledge to boost private providers Times Higher Education, 26 July 2010
  7. ^ "For-profit college gains full university status". BBC News. 8 August 2013.
  8. ^ Mehta, Amar (2 December 2020). "BPP's PR team blocked from Wikipedia for promotional edits". The Lawyer. Retrieved 2 December 2020.
  9. ^ Dennison, James. "BPP warned by Wikipedia for "disruptive editing"". RollOnFriday. Retrieved 4 December 2020.
  10. ^ Connelly, Thomas (2 December 2020). "BPP accused of 'disruptive editing' by Wikipedia". Legal Cheek. Retrieved 2 December 2020.
  11. ^ "BPP sold to private equity house TDR Capital". PE Insights. 24 March 2021. Retrieved 19 August 2022.
  12. ^ "Palatine makes first exit from Impact Fund with Estio Training sale". Private Equity Wire. 2 November 2021. Retrieved 1 December 2022.
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