IMPERO acquired by INVESTCORP
Context
Investcorp Technology Partners acquired 100% of Impero from its previous owners. This transaction was the third technology deal for the firm's fourth Technology Fund within a nine-month period. The strategic rationale for the acquisition focused on the target's best-in-class safeguarding software, its high levels of recurring revenue, and its dominant position in the UK market. The acquirer intends to drive the company's next phase of growth through international expansion—particularly in the US—and through targeted add-on acquisitions. This deal allows the company to transition from a regional leader to a globally scaled EdTech platform.
IMPERO, which reported an EBITDA margin of in 2016, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).
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Target
Impero is the UK s leading provider of integrated safeguarding, classroom, and school network management software. Its comprehensive solution enables schools to protect students online, manage the digital teaching environment, and maximize network efficiency. At the time of the transaction, the firm held over a 20% share of the UK secondary school market, serving more than 1,400 institutions. Globally, its software was utilized by over 1.5 million devices across 90 countries, including more than 500 school districts in the United States.
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REFERENCES
Valuation range: EV 10M - 30M GBP
Revenue range: 5M - 25M GBP
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: investcorp