Quayle Munro is pleased to announce that it has advised Investcorp Technology Partners, a leading European lower middle market technology investor, on the acquisition of Impero Holdings Limited (“Impero”) for an enterprise value of £27.5 million for its fourth technology fund.
Impero is the UK’s No. 1 provider of online student safety, classroom and school network management software. Founded in 2002, Impero has become the UK market leader in integrated safeguarding software with its comprehensive education solution that enables schools to keep students safe, improves the teaching environment and maximises efficiency for school network managers. Headquartered in Nottingham, UK, the Company has a 20 per cent share of the UK secondary school market, currently serving more than 1,400 secondary schools across the country. Globally, the software is accessed by over 1.5 million devices in over 90 countries, including schools in more than 500 US districts.
Investcorp Technology Partners plans to support Impero’s international growth both organically and through add-on acquisitions, further expanding its customer base into new geographies as it becomes increasingly important to address parents’ and teachers’ concerns around the online safeguarding of children in the school environment.
Gilbert Kamieniecky, Managing Director of Investcorp, said: “The mission critical nature of Impero’s product offering, its strong reputation with customers and its attractive growth prospects in the UK and abroad represent a very attractive investment opportunity for Investcorp Technology Partners. Its best-in-class safeguarding software and high levels of recurring revenue have allowed it to secure a leading market position. These fundamental business strengths make it an ideal candidate for Investcorp Technology Partners to partner with. We found Quayle Munro’s knowledge of the sector and support throughout the transaction invaluable.”
Simon Gluckstein, Managing Director at Quayle Munro, said: “We are delighted to have helped bring together Impero and Investcorp Technology Partners and wish them every success in this partnership. This transaction is an excellent demonstration of our deep knowledge of the education sector in general and the Edtech sector in particular.”
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About Quayle Munro
Quayle Munro is an independent mergers and acquisitions advisory firm that has an extensive, global track record of working with a wide variety of companies underpinned by data & analytics, content, software, and services. We advise on a full spectrum of corporate finance matters including mergers and acquisitions, debt and equity fundraisings, IPOs, public transactions, restructurings, and strategic and valuation advice. The company also provides growth capital on a selective basis. Quayle Munro is particularly adept at working with private-equity-owned and entrepreneurial-led businesses experiencing high growth. For more information please visit our website.