Palamon Capital Partners (“Palamon” or the “Firm”), a pan-European growth investor, has acquired a majority stake in Thomas International (“The Company”), a leading international provider of psychometric assessment solutions with a focus on the small and medium-sized enterprise (SME) market. The terms of the transaction were not disclosed.
Thomas International is a leading provider of online psychometric assessments, consulting, and related products and services. Founded in 1981 by the Reed family, the Company has been at the forefront of assessment innovation for more than 37 years, helping SMEs to recruit, develop, and retain talent. Headquartered in the UK, the Company has 81 offices globally with over 75% of sales originating from international markets. More than 2 million Thomas International assessments are completed each year across over 60 countries and in 56 languages. The Company generated gross sales of £40 million and pro-forma EBITDA of £9 million during 2017.