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January 7, 2020By Michael Cader

Wiley Buys Tech Training and Placement Firm mthree for $129 Million

January 7, 2020By Michael Cader

Wiley announced Monday that it acquired UK-based education services provider mthree for $129 million (£98 million) in cash on January 1.  mthree finds, trains and places technology talent. The company expects to record 2019 sales of over $50 million, which would reflect annual growth of 20 percent. Wiley ceo Brian Napack says in the announcement, “Wiley is committed to bridging the gap between education output and industry need. The acquisition of mthree advances Wiley’s leadership in powering the high-demand, high-potential careers that are fueling the global knowledge economy. CEO Alex Headley and his team have built a great company with […]

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Filed Under: Finance, M&A

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