Inspirit Capital completes the merger of mthree and Peregrine

5 January 2026  – Inspirit Capital is pleased to confirm the successful completion of the previously announced merger of mthree and Peregrine, creating a business of substantial international scale in the Hire-Train-Deploy (HTD) market.  

Inspirit Capital, the UK-headquartered corporate carve-out investor, acquired Peregrine from Capita PLC in June 2023 and mthree from John Wiley & Sons Inc. in May 2024.

mthree works with organisations to close critical skills gaps by building job-ready teams in technology, business and banking. Its Alumni programme delivers emerging talent whilst its Expert programme provides experienced professionals. Its Reskill offering enables clients to upskill existing employees to meet evolving business demands, particularly in the areas of AI and cyber security.

Peregrine is a business change and technology consultancy supporting leading UK organisations, predominantly across the public sector and defence space. The firm is widely recognised for its strong focus on diversity, capability building and workforce transformation.

Together, the combined group is a comprehensive flexible workforce solutions provider, spanning the full talent spectrum from early-career development to specialist consulting and reskilling. The merger creates a business of substantial scale, further strengthening its position in the HTD market, with a compelling opportunity to deliver an enhanced, diversified, full-service offering to clients globally.

Commenting on the merger, Albert Farrant, founding Partner at Inspirit, said: “We’re thrilled to complete the merger of mthree and Peregrine. We believe the combined group provides significant opportunity for our clients, and we’re looking forward to supporting the ambitious growth plans under Alex.”

Alex Headley, CEO of mthree, who is CEO of the joint business, added: “This is a hugely exciting moment for our people and our clients. With a shared culture and complementary strengths, the combined group is uniquely positioned to support clients across the full workforce lifecycle.”

For further information, please contact:

Albert Farrant, Partner, Inspirit Capital, afarrant@inspiritcap.com