We are delighted to have advised Sandgate Systems Limited, trading as Every, on their sale to IRIS Software Group.
Every is a leading provider of modular compliance and HR SaaS-based solutions for the education sector. Utilised by over 3,500 schools across the UK, Every offers practical, easy-to-use software tools and professional support to school leaders, administrators and teachers aimed at simplifying school management and process efficiency.
Recognising our extensive experience of transacting businesses in the educational technology and wider software sector, the shareholders of Every appointed us to explore their strategic options and to provide lead corporate finance advisory services on the sale of the business.
Our extensive sector expertise meant we were able to position the business effectively with a mixture of strategic and financial acquirers in order to maximise value and demonstrate to the shareholders the full breadth of opportunity available to them to realise maximum value for the business.
We ran a highly competitive process with a selective shortlist of potential acquirers. This process culminated in a sale to the education division of private equity-backed Iris Software Group, one of the UK's largest providers of specialist software into various end-markets.
The Grant Thornton team provided sector-led, hands-on advice and support throughout the transaction. They tailored the process to suit our wants and needs as shareholders, and helped us explore various potential exit options. The team achieved a fantastic result and I would thoroughly recommend their services.Ian Bond Co-Founder and CEO, Sandgate Systems Limited