NEW YORK, January 26, 2022 /PRNewswire/ — DLA Piper represented Times Higher Education, a Londonhigher education information company in its acquisition of Inside Higher Ed, based in washington d.c.and provides information, analysis, and services to universities and colleges across the United States.
Together, the combined enterprise will reach an audience of more than 50 million people annually, including university leaders, professors, professional staff and students, as well as policy makers and others, worldwide.
“It was a pleasure to bring together a strong cross-border team with extensive experience in managing sophisticated acquisitions to advise Times Higher Education on this transaction, which strengthens its position in the market and allows it to reach an even wider audience of university and college professionals around the world,” said Jeffrey HouleCo-Chairman of DLA Piper’s Aerospace, Defense and Government Services Dealing Practice, who led the firm’s US Dealing Team.
“This acquisition will help expand our client’s ability to deliver nuanced insights related to the higher education field, and we are proud to have contributed to their continued growth and success,” said Richard Maythe DLA Piper partner who led the firm’s UK trading team.
“Have the support of Jeff Houle, Richard May and the entire DLA Piper team have been critical to the success of this transaction,” said Paul Howard, CEO of Times Higher Education. “They were able to secure a complicated cross-border deal in the midst of a pandemic, worked tirelessly over the holidays with year-end deadlines, demonstrating their exceptional work ethic and negotiating prowess, and we couldn’t not be more grateful for their efforts.”
Besides Swell (washington d.c.) and May (Sheffield)the DLA Piper team representing Times Higher Education included partners Tracy Weier, Julia Kovacs (both washington d.c.), Thomas Pikerton, Jordan Bailowitz (both Baltimore) and Glenn Reitman (Houston); of advice Nia Brown (washington d.c.), Christopher Armstrong (Baltimore) and James Rusert (Atlanta); and associates Wenxi Li (washington d.c.), Marie-Claire Blythe, Joshua Feldman (both Baltimore) and Sydney Hu (Atlanta) in the USA. The UK team also included senior associates Sarah Riley (Sheffield), Phillip Allenby (London) and Alexander Yeramian (Manchester); and partner Pierre-Alex (Manchester).
With over 1,000 corporate lawyers worldwide, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting them through all stages of development. The company has been ranked number one in global M&A volume for 12 consecutive years, according to Merger market.
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