Simpson Thacher Represents Charterhouse Capital Partners in Sale of TSL Education Group Limited to TPG
07.11.13
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The Firm is representing new client Charterhouse Capital Partners in connection with the sale of TSL Education Group Limited (“TSL”) to a company wholly owned by funds managed by TPG Capital LLP for an undisclosed sum. The transaction is expected to close in the third quarter of 2013.
TSL owns and publishes the Times Educational Supplement, organizes conferences and exhibitions for the education sector and provides teachers with classroom resources through its TES Connect platform, which is used by more than 52 million teachers and students worldwide.
The Simpson Thacher team includes Derek Baird, Neil Evans and Bim Afolami (M&A); Antti Pesonen, Manas Chandrashekar and Tanim Rahman (Credit); and Étienne Renaudeau (Antitrust).