TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M

Some more movement in the world of ed-tech: TSL Education, the digital publisher behind services like TES Connect -- billed as the "largest" network of teachers in the world with over 52 million users -- is changing owners again. Investment firm TPG is buying the company from Charterhouse, the UK-based private equity firm. The firms are not disclosing the price but Reuters is reporting it as around ?400 million ($600 million), and we have since confirmed this figure with a source close to the deal.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/i_A_Si2_m-Y/

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