John Wiley & Sons Inc. has divested mthree, a hire, train, deploy specialist to Inspirit Capital

Arrowpoint Advisory’s Business Services sector team has advised the shareholders of NYSE-listed John Wiley & Sons Inc. (‘Wiley’), one of the world’s largest publishers and a trusted leader in research and learning, on its divestment of its non-core hire, train, deploy business to Inspirit Capital. As part of the transaction, Wiley Edge will be rebranded as mthree.

mthree is an industry-leading provider of Hire, Train, Deploy (“HTD”) talent solutions, supporting multinational employers by sourcing, training and deploying high-potential entry-level talent on a contract-to-hire basis. Operating across 11 countries, the business plays a vital role in addressing the global skills gaps in high-demand areas of technology and business. mthree has a leading talent sourcing and selection operation, with access to diverse talent around the globe, and delivers bespoke training through its Academy. Beyond its core early-career HTD services, mthree provides customised training programs to reskill clients’ existing workforces, enhancing employee retention and helping employers address internal skill gaps in an increasingly competitive global labour market. Additionally, mthree supplies high-impact experienced professionals to lead teams and bring in necessary expertise. The solution helps clients build long-term talent pipelines with tried and tested professionals trained to the highest standards through mthree’s proven Academy.  

Metthew Kisner, Interim CEO at Wiley commented: “Inspirit Capital’s acquisition of Edge will open up new avenues to support Edge’s exceptional colleagues and valued institutional clients. This agreement also represents another significant step forward in our journey towards a simpler Wiley, focused on our strongest market opportunities in Research and Learning.”

Will Stamp, Founding Partner at Inspirit Capital, said: “We are thrilled to complete our investment in Wiley Edge and to reinvigorate the mthree brand. This transaction once again demonstrates Inspirit’s capacity to deliver complex corporate carve-out transactions. mthree represents an exciting addition to our portfolio, and we’re looking forward to supporting the business’ ambitious growth plans as its compelling value proposition becomes increasingly important for both employers and entry-level talent.”

Will Evans, Director at Arrowpoint Advisory, concluded: “We are delighted to have supported Wiley with this important step in their divestment plan and wish the mthree team the best of luck under Inspirit’s ownership.”

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