BPP University is currently in the process of being acquired by TDR Capital. Prior to this acquisition, BPP University was part of Vanta Education, a global education network ultimately owned by funds managed by Apollo Global Management and The Vistria Group.
Since 2009, BPP has been an integral part of Vanta Education. This structure meant that while BPP operated under the Vanta Education umbrella, the ultimate financial control rested with the investment funds managed by Apollo Global Management and The Vistria Group. The recent development signifies a shift in this ownership, with TDR Capital stepping in to acquire BPP from Vanta Education.
Ownership Evolution of BPP University
Understanding the ownership of BPP University involves recognizing a transition from a long-standing structure to a new phase under different investment management.
Current Ownership Transition
BPP University is currently undergoing an ownership change, with TDR Capital actively acquiring the institution. This move marks a significant development in BPP's corporate structure, transitioning it from its previous holding company.
Previous Ownership Structure
For over a decade, specifically since 2009, BPP University operated as a part of Vanta Education. Vanta Education itself is a large global education network. The ultimate ownership of Vanta Education, and consequently BPP University, lay with powerful investment funds. These funds were managed by:
- Apollo Global Management: A prominent global alternative investment manager.
- The Vistria Group: A private equity firm focused on partnering with and building companies in the healthcare, education, and financial services sectors.
This setup meant that decisions and strategic directions were influenced by these private equity firms through their management of Vanta Education.
Key Entities in BPP University's Ownership
To provide a clear overview of the entities involved in BPP University's ownership, both past and present, the following table summarizes their roles:
Entity | Role in BPP University Ownership | Period/Status |
---|---|---|
TDR Capital | Current Acquirer of BPP University | In process of acquiring |
Vanta Education | Immediate previous owner/parent company of BPP University | From 2009 until TDR acquisition |
Apollo Global Management | Managed funds that ultimately owned Vanta Education | Previous ultimate owner |
The Vistria Group | Managed funds that ultimately owned Vanta Education | Previous ultimate owner |