Apollo completes BPP takeover

Giant US for-profit university provider establishes foothold in UK. Hannah Fearn reports

August 4, 2009

The owner of the largest profit-making university in the US has bought BPP Holdings, the UK’s largest private higher education provider.

Apollo Global, a subsidiary of Apollo Group, the American for-profit higher education company that owns the University of Phoenix, has formally acquired BPP for £368 million.

The move is expected to herald the creation of a wave of new private colleges and universities in the UK, as Apollo has confirmed that it intends to use the acquisition to expand into Europe.

The announcement came as David Willetts, the Shadow Universities Minister, made it clear that a Conservative Government would encourage increased competition from private players in the UK higher education sector.

He told The Observer newspaper that universities may find themselves competing for students not only with other public institutions, but also with a new generation of profit-making education companies both domestically and internationally.

“There are American university chains that are looking to come to Britain and [there is] talk of mergers between British and American universities. India is looking at links. I think it’s ripe for these kinds of supply-side reforms,” Mr Willetts said.

hannah.fearn@tsleducation.com

Already registered?

Sign in now if you are already registered or a current subscriber. Or subscribe for unrestricted access to our digital editions and iPad and iPhone app.

Have your say

Log in or register to post comments

Featured Jobs

Dean of the School of Life and Medical Sciences UNIVERSITY OF HERTFORDSHIRE (MAIN ADDRESS)
Research Fellow in Regime and the Public Sphere GERMAN ASSOCIATION FOR EAST EUROPEAN STUDIES
Research Assistant CAMBRIDGE ASSESSMENT

Most Commented

Elderly woman looking up at sky

A recent paper claims that the quality of researchers declines with age. Five senior scientists consider the data and how they’ve contributed through the years

Otto illustration (5 May 2016)

Craig Brandist on the proletarianisation of a profession and how it leads to behaviours that could hobble higher education

smiley, laugh, happy, funny, silly, face, faces

Scholars should cheer up and learn to take the rough with the smooth, says John Tregoning

Eleanor Shakespeare illustration 19 May 2016

Tim Blackman’s vision of higher education for the 21st century is one in which students of varying abilities learn successfully together

James Minchall illustration (12 May 2016)

An online experiment proves that part of the bill for complying with the Freedom of Information Act is self-inflicted, says Louis Goddard