M&A Deal Summary

ParentPay Acquires Education Software Solutions

On August 9, 2021, ParentPay acquired software company Education Software Solutions from Montagu

Acquisition Highlights
  • This is ParentPay’s 1st transaction in the Software sector.
  • This is ParentPay’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-08-09
Target Education Software Solutions
Sector Software
Buyer(s) ParentPay
Sellers(s) Montagu
Deal Type Add-on Acquisition

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.

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Buyer(S) 1

Buyer

ParentPay

Coventry, United Kingdom

Category Company
Founded 2002
Sector Internet Software and Services
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

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 71 of 76
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 27 of 31
Country: United Kingdom M&A 40 of 41
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-12 Intech

Rang-du-Fliers, France

Intech is a contract manufacturer of surgical instruments, implants, cases & trays, and silicone handles. With a highly renowned R&D team Intech develops valuable solutions for the industry with a range of turnkey equipment from its inception manufactures orthopedic surgical tools to be used in the highly demanding spinal surgery sector. Intech was established in 1999 and is based in Rang-du-Fliers, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Servelec

Sheffield, United Kingdom

Servelec is a software provider to healthcare and local authorities based in the UK, to The Access Group. The company has over 40 years’ experience in developing mission-critical software solutions to deliver better care. Servelec is a trusted supplier to more than 45 NHS trusts and over 150 local authorities, providing an integrated approach across social care, healthcare, and education. Its extensive product portfolio, including systems for electronic patient records, social care case management, schools’ admissions, youth services reporting, and patient flow and bed management, is designed with the sole purpose to support effective decision-making and to maximise time spent providing efficient, patient-focused care. Servelec was formed in 1977 and is based in Sheffield, United Kingdom.

Sell -