mynth
09/2017

IMPERO acquired by INVESTCORP

UNITED KINGDOM Education / EdTech & Content EV 10M - 30M GBP

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 LOGIN in 2016, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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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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Historical Financials (GBP)

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REFERENCES

Valuation range: EV 10M - 30M GBP

Revenue range: 5M - 25M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of IMPERO by INVESTCORP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Acquirer: investcorp