Thomsett Lockey

Deal advisers who can see the whole market.

Sell-side and buy-side M&A for education and training worldwide, and for specialist advisory firms in the United Kingdom: tax, accounting, legal, consulting, tech-enabled. Built on engines that read every filed account and public register. Two principals in every room, from first conversation to completion.

The opportunity in plain sight.

Why this sector

Education and training has never been stronger, or more fragmented. Thousands of founder-run providers face succession risk, rising quality demands, and consolidating buyers.

Private equity platforms, strategics, universities and awarding bodies are all acquiring at once. Owners with a genuinely good business have real choices, provided they prepare for them. Acquirers with a clear thesis can build platforms of lasting value. Thomsett Lockey exists for both.

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Both sides
of the table

Sell-side mandates for owners preparing to exit. Buy-side mandates for groups building by acquisition.

363 deals
on the record

Verified education and training transactions tracked across 35 countries, from 283 distinct acquirers.

Two principals
on every deal

No junior team, no handover. The people you meet are the people who negotiate.

Latest from the deal map.

Open the deal map
Date Target Acquirer Sector
Aug 2026CIPHER MEDICAL CONSULTANCY LIMITEDHealth Transportation Group Uk LimitedVocational training
Aug 2026EAS MECHANICAL LIMITEDRealise TrainingVocational training
Aug 2026Oakwood Specialist Colleges LimitedPhoenix Learning & Care Group LimitedVocational training
Jul 2026E.Quality TrainingLeep Holdings LimitedVocational training
Jun 2026Nova Centric LimitedNottingham Trent UniversityVocational training
Jun 2026Mainstream Training LimitedLogikal Group Limited and Navajam Group LimitedVocational training

The six most recent entries on the public layer of the map, which runs to 363 verified transactions. We map M&A across the global education and training market continuously; this is intelligence, not a client list. The live map, including who is in market today, is maintained privately. The same approach now reads accounts and public registers for advisory firms: see how we build.

Two mandates. One standard.

Practice
Sell-side

For owners preparing to exit

We position the business, run a discreet and controlled process, and bring the right acquirer to the table on terms worth taking. You commit very little to start, and only move forward when there is something genuinely worth moving forward for. No buyer is approached without your sign-off.

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Buy-side

For acquirers building by acquisition

We sharpen the acquisition thesis, originate targets quietly, including those not on the market, and steer the deal to completion at the right price. Diligence is managed by a principal, and the structure reflects what it finds.

For an advisory firm growing by acquisition, we run the programme end to end: the map of the market, the approaches to owners, the assessment of each target, and the deal through to completion. A monthly fee during the search and a success fee on completion.

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Built for one firm in each market.

How we build

The deal map taught us to read public records at scale. We now apply the same reading to filed accounts and public registers for one purpose: to find the clients a firm should have and the targets an acquirer should buy. Each engine is built for one firm, in one market, and is not built again for a competitor of that firm while we work together.

An example build

Which companies should be our clients, and are not?

A specialist tax adviser asked that one question. We read every set of accounts filed at Companies House against the shape of a company that needs the firm's service, and return a ranked list each month with the reason beside each name. The same reading gives an acquirer its map of the market.

The client we build for

A firm with a market it knows and no way to see all of it

Specialist advisory firms: tax, accounting, legal, consulting, and the tech-enabled advisers alongside them. Usually founder-led, £1m to £50m of revenue, either growing by referral and ready to grow by data, or growing by acquisition and in need of a map.

The sectors we serve

Education and training worldwide. Specialist advisory firms in the United Kingdom.

Every build starts with a sample on the firm's own market, so the list is judged before anything is committed. Each build is scoped and priced for the firm.

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The people in the room.

People
Principal

Alex Lockey

Deal strategy, engines and market intelligence

Twenty years advising leaders across education and training, and one of the sector's most connected networks of operators, investors and acquirers. Alex has built, run and sold businesses himself, and brings an operator's judgement to positioning, buyer strategy and negotiation. Counsel from someone who has sat on the owner's side of the table.

LinkedIn
Principal

Joe Thomsett

Origination and negotiation

A chartered accountant with deep corporate finance and due diligence experience across a career of transactions. Joe reads the accounts before the pitch, defends value through diligence, and structures terms that stand up to scrutiny. Steady, exacting counsel from first conversation to completion.

LinkedIn

Insights.

View all
Market view · By Alex Lockey · 1 July 2026

Where the capital is moving in education and training

A read of 363 verified deals across 24 months: where the money is going, who is buying, and what it means for owners.

Read
Practical guide · By Joe Thomsett · 1 July 2026

Are you ready to sell? A readiness rubric for founders

The mindset of a sale, what to expect from the process, and a scorecard to grade yourself honestly before you speak to anyone.

Read

Thinking about a sale, or an acquisition?

The first conversation is confidential, costs nothing, and commits you to nothing. We typically work where enterprise value is £2m or more.

Used only to begin a confidential conversation. Nothing is shared.