M&A Deal Summary

Montagu Acquires Education Software Solutions

On December 14, 2020, private equity firm Montagu acquired software company Education Software Solutions from Capita for 400M GBP

Acquisition Highlights
  • This is Montagu’s 3rd transaction in the Software sector.
  • This is Montagu’s 10th largest (disclosed) transaction.
  • This is Montagu’s 60th transaction in the United Kingdom.
Investment Fate
  • Education Software Solutions was sold to a strategic buyer in 2021.

M&A Deal Summary

Date 2020-12-14
Target Education Software Solutions
Sector Software
Buyer(s) Montagu
Sellers(s) Capita
Deal Type Divestiture
Deal Value 400M GBP

Target

Education Software Solutions

London, United Kingdom
Education Software Solutions is a standalone provider of management information systems (MIS) and related software for the education sector. Education Software Solutions is based in London, United Kingdom.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Montagu

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 11.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Montagu is an independent private equity firm focused on European management buyouts and growth capital transactions. The Firm seeks opportunities valued between €100 million and €1 billion. Sectors of interest include healthcare, medical products, financial services, software, IT, information services, and education. Montagu dates back to 1968 and is based in London.


DEAL STATS #
Overall 104 of 119
Sector: Software M&A 3 of 7
Type: Divestiture M&A Deals 19 of 24
Country: United Kingdom M&A 60 of 62
Year: 2020 M&A 5 of 5
Size (of disclosed) 10 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-14 ParentPay

Coventry, United Kingdom

ParentPay delivers online payments, income management, parental engagement, and school catering solutions to over 18,000 schools and caterers across the UK, the Netherlands, and Germany. ParentPay was founded in 2002 and is based in Coventry, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 ITRS Group

London, United Kingdom

ITRS Group is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance. ITRS serves more than 170 global clients, including 9 out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds, and brokers and vendors. ITRS Group was founded in 1997 and is based in London, United Kingdom.

Buy -

Seller(S) 1

SELLER

Capita

London, United Kingdom

Category Company
Founded 1984
Sector Business Services
Employees34,500
Revenue 2.4B GBP (2024)
DESCRIPTION

Capita is a provider of business process services, driven by data, technology, and people. The Company delivers innovative, digitally enabled solutions to transform and simplify the connections between government and citizens, businesses and customers. Capita operates across two divisions – Capita Public Service and Capita Experience – in the UK, Europe, India, and South Africa. Capita was formed in 1984 and is based in London, United Kingdom.


DEAL STATS #
Overall 9 of 21
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 8 of 20
Country: United Kingdom M&A 8 of 20
Year: 2020 M&A 3 of 3
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-19 Eclipse Legal Systems

Bradford, United Kingdom

Eclipse Legal Systems is a provider of case management, practice management, matter management, and process management software to clients range from household-name commercial organizations and heavyweight law firms, through to niche market operators and sole practitioners. Its Proclaim system is in use by over 25,000 professionals in a vast range of sectors, and is the only solution of its type to be Endorsed by the Law Society. Eclipse Legal Systems was formed in 1987 and is based in Bradford, United Kingdom.

Sell £57M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 AXELOS

London, United Kingdom

AXELOS is a joint venture between Capita (51%) and Cabinet Office (49%), responsible for developing, enhancing, and promoting a number of best practice methodologies used by professionals working primarily in projects, programs, and portfolio management, and IT and digitally-enabled services. The methodologies, including ITIL, PRINCE2, and MSP are adopted by private, public, and voluntary sectors in more than 180 countries to improve employees’ skills, knowledge, and competence in order to make both individuals and organizations work more effectively. AXELOS was founded in 2014 and is based in London.

Sell £380M