FirstCapital is delighted to have advised on the sale of Teachers2Parents to Education Brands, a US-based family of education-focused software companies backed by global private equity firm Insight Venture Partners.
Teachers2Parents operates a market leading SaaS platform combining parent communications, payments and management information systems applications for schools in the UK. The combination with Education Brands unites the two leading providers of back office software for schools and offers a proven suite of best of breed solutions to schools in the US, UK and Europe.
Jason Purcell, CEO of FirstCapital who led the deal said, “We are particularly pleased to have been able to realise a strong strategic deal for both Teachers2Parents and Education Brands, utilizing our SMART dealmaking framework to bring together two leading edtech businesses and lay the foundation for future growth”.
Uresh Naik, co-founder of Teachers2Parents, said: “This really is a win-win deal for all parties. We can see a bright future with the opportunity to substantially grow Teachers2Parents’ offering. The team is delighted with the outcome and excited by our prospects as part of the Education Brands group. FirstCapital was exceptional in the way they understood our business and made the right connections for us.”
Legal advice for Teachers2Parents was provided by Fladgate LLP.
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Note to editors:
FirstCapital is an international investment bank for high growth technology companies, with offices in London and Silicon Valley focused on delivering win-win deals through our proprietary SMART dealmaking framework.