Inspirit Capital is pleased to confirm the completion of the previously announced carve-out of Wiley Edge from Wiley (NYSE:WLY), one of the world’s largest publishers and a trusted leader in research and learning. Following completion, Wiley Edge will be rebranded as mthree.
mthree is an industry-leading provider of Hire, Train, Deploy (“HTD”) talent solutions, supporting multinational employers by sourcing, training and deploying high-potential entry-level talent on a contract-to-hire basis. Operating across 11 countries, the business plays a vital role in addressing the global skills gaps in high-demand areas of technology and business. mthree has a leading talent sourcing and selection operation, with access to diverse talent around the globe, and delivers bespoke training through its Academy. Beyond its core early-career HTD services, mthree provides customised training programs to reskill clients' existing workforces, enhancing employee retention and helping employers address internal skill gaps in an increasingly competitive global labour market. Additionally, mthree supplies high-impact experienced professionals to lead teams and bring in necessary expertise.
Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company’s strategic objectives and require a different ownership structure to achieve their full potential. Inspirit manages capital on behalf of a blue-chip institutional investor base.
Will Stamp, Founding Partner at Inspirit Capital, says “We are thrilled to complete our investment in Wiley Edge and to reinvigorate the mthree brand. This transaction once again demonstrates Inspirit’s capacity to deliver complex corporate carve-out transactions. mthree represents an exciting addition to our portfolio, and we’re looking forward to supporting the business’ ambitious growth plans as its compelling value proposition becomes increasingly important for both employers and entry-level talent.”
Inspirit was advised on the transaction by Lincoln International (M&A), Mayer Brown (Legal), EY (Financing), JacksonBreen (IT) and Gallagher (Corporate Insurance).
Wiley was advised on the transaction by Rothschild & Co and Centerview Partners (M&A), and Weil Gotshal & Manges (Legal).
For further information, please contact:
Will Stamp, Founding Partner, Inspirit Capital, [email protected]
