Scholarcy Limited has been acquired by Texthelp Group
October 2024 — Texthelp Group, a global provider of digital tools for inclusive learning and working, has acquired Scholarcy Limited. This acquisition marks a significant step towards fulfilling Texthelp’s vision of improving the literacy and understanding of one billion people by 2030.
Scholarcy is a streamlined and user-friendly study tool. It employs generative AI technology to distil complex and lengthy texts or sources of any format into a consistent, interactive reading and learning experience. Since its inception, the platform has successfully supported over half a million students and researchers in efficiently reading and understanding academic papers. It also provides an assistive learning tool for customers with learning difficulties. Scholarcy operates a dual B2B and D2C business model. B2B sales are made to the UK assistive technology market, principally to the Disabled Students’ Allowance (DSA).
Texthelp is a global provider of learning analytics software and assistive technology solutions. The company’s cohesive, integrated product portfolio supports literacy and numeracy in the classroom and workplace environments, with a focus on helping special educational needs and dyslexic students in education. Texthelp’s flagship literacy software product, Read&Write, assists users with reading, writing and comprehension via an easy-to-use toolbar with tailored accessibility features. Other key products include numeracy, digital teaching and data-driven writing assessment tools. These enable educators and companies to meet accessibility regulatory requirements and improve learner outcomes. The business is headquartered in Antrim, Northern Ireland, UK. It has global operations, employing over 620 employees across Europe, North America and Australia.
Our role in the transaction
Oaklins S&W, one of Oaklins’ member firms in the UK, acted as corporate finance advisor to the shareholders of Scholarcy in this transaction.
Sprechen Sie mit dem Deal Team
Alexander Sowerby
Oaklins S&W
Transaktionen
Educbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Mehr erfahrenitemedical has been acquired by Halma
itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.
Mehr erfahrenEvoke Creative has been acquired by Steliau Technology
Private equity firm BGF has sold Evoke Creative Ltd., an international provider of interactive digital solutions, to Steliau Technology, a company backed by Astorg Partners. Evoke will continue to operate as an independent brand while benefiting from the wider group’s support to accelerate international expansion, increase product innovation and strengthen its position in key vertical markets.
Mehr erfahren