BPP Holdings
From Wikipedia, the free encyclopedia
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| Type | Wholly-owned subsidiary |
|---|---|
| Founded | 1976 |
| Headquarters | London, United Kingdom |
| Key people | Carl Lygo (CEO) |
| Industry | Education |
| Revenue | £165.5 million (2008)[1] |
| Operating income | £21.5 million (2008)[1] |
| Net income | £14.0 million (2008)[1] |
| Owner(s) | Apollo Group |
| Website | www.bpp.com |
BPP Holdings is a United Kingdom-based provider of professional and academic education. It has been a subsidiary of the American for-profit higher education company Apollo Global since July 2009, having formerly been listed on the London Stock Exchange and a constituent of the FTSE 250 Index.
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[edit] History
The Company was founded by Alan Brierley, Richard Price and Charles Prior in 1976 as Brierley Price Prior to provide training to accountancy students.[2] It was first listed on the London Stock Exchange in 1987. Also in 1987 the Company acquired Mander Portman Woodward, a provider of Fifth and Sixth Form teaching.[3] Then in 1992 the Company established BPP College of Professional Studies, which provides legal as well as management training.[2] In 2007 the Privy Council awarded BPP Professional Education powers to award degrees.[4] The Company was acquired by Apollo Global for £368 million[5] in July 2009.[6]
[edit] Operations
The Company is organised as follows:[7]
- Professional Education (Certification and continuing education)
- College of Professional Studies (BPP Law School and BPP Business School)
- Mander Portman Woodward VI form colleges
[edit] References
- ^ a b c BPP Holdings: Annual Report 2008
- ^ a b BPP Profile
- ^ Robert Woodward: teacher and entrepreneur The Independent, 15 November 2008
- ^ Law careers
- ^ Fearn, Hannah (4 August 2009). "Apollo completes BPP takeover". Times Higher Education. http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=407663&c=1. Retrieved 2009-08-05.
- ^ "BBP Holdings PLC (UK): Scheme Of Arrangement". FTSE Group. 27 July 2009. http://www.ftse.com/tech_notices/2009/Q3/27650_20090727_BPP_Holdings.jsp;jsessionid=1E21FC825E01DC7CFC22361E8738BEEC.tc1. Retrieved 2009-08-05.
- ^ Apollo agrees to acquire UK-based BPP Holdings Euroinvestor, 8 June 2009
