ISALT & RAISE take majority stake in PEARLTREES

Isalt and Raise Impact have entered into an agreement to acquire a majority stake in Pearltrees, a leading French educational software publisher. The transaction involves the acquisition of 77% of the company's capital, split between Isalt's Strategic Transition Fund, which will hold 46%, and Raise Impact II, which will take a 31% stake. The five co-founders of Pearltrees will collectively retain the remaining equity and continue to be fully involved in the company's development. This deal enables the complete exit of the company's historical financial shareholders, comprising primarily business angels and family offices that have been invested since the early stages of development. The transaction is complemented by a bank financing package to support the acquisition and future growth initiatives. The investment is driven by several strategic factors, including Pearltrees' strong position in the digital education market, the widespread adoption of its platform in French schools, and its ability to develop proprietary technologies tailored to the education sector's needs. The company also benefits from a unique value proposition centered around digital sovereignty and the application of artificial intelligence in education. The post-acquisition roadmap aims to accelerate technological investments, particularly in the development of agent-based artificial intelligence features for teachers.