BPP Law School has been put up for sale by its parent company, it is being reported.
Founded in 1992, it was acquired by Apollo Global for £368m in 2009. Apollo has kept hold of it for the past decade, taking it through a period of radical change in which BPP eventually secured university status, though the process was not without turbulence.
Now, Times Higher Education reports that Apollo, which was itself sold to private equity for $1.1bn in 2016, is looking to offload BPP.
A sale, should it go through, would attract the attention of the Office for Students, the sector regulator, which would determine whether a review of BPP’s degree-awarding powers is necessary.
The last big sale in the postgraduate university sector came in 2015, when Global University Systems (GUS) purchased the University of Law for an undisclosed sum from owners Montagu Private Equity, just three years after Montagu purchased the former charity for around £200m.
