Times Higher Education (THE), the trusted global data partner for higher education, has been supported with £5m funding from ThinCats, an alternative finance provider for mid-sized SMEs.
The funding will bolster working capital and facilitated the acquisition of The Knowledge Partnership, an independent strategy, marketing and communications consultancy offering universities a range of insights into course efficiency, student recruitment strategy and branding.
THE provides first-party data from its suite of world university rankings and other products to higher education stakeholders across the world. THE also provides consultancy solutions and hiring solutions to support university excellence across the globe. In February 2019, THE was acquired by Inflexion, a mid-market private equity house, which continues to work with the THE team to help progress its global expansion.
Paul Howarth, CEO, THE: “As a globally recognised and respected brand, it is very exciting to be in a position to extend THE’s offering through the acquisition of The Knowledge Partnership. With many synergies across our businesses, we very much look forward to developing the service that we provide to our clients, and thank the teams at Arrowpoint and ThinCats for helping to make this happen.”
Dave Sherrington, Regional Head of Sales, London, ThinCats: “Working with Paul and the team at Times Higher Education, it’s clear that the business knows exactly where it’s going and we were delighted to finalise this deal alongside Inflexion and Arrowpoint. THE have a number of big plans for the next couple of years, and we will enjoy seeing them realised.”