Deal Background
Parentapps, an award-winning education technology company has been acquired by Community Brands UK.
Founded by 2 parents in 2014, Parentapps offers a comprehensive solution to streamline tasks and processes critical to educational operations thanks to digital communication, parent evening bookings, website development, and payment processing.
Community Brands UK is a Leicester head-quartered provider of cloud-based software and payment solutions for schools.
How Langtons Helped
Langtons acted as lead advisors to the shareholders, providing assistance with deal structuring and support throughout the financial and legal due diligence process.
Results
Community Brands UK will now support more than 20,000 UK schools, partners, multi-academy trusts, and local authorities, thanks to Parent Apps and its Teachers2Parents & Groupcall Messenger communication platforms, as well as the SchoolMoney payment tool.
"The inclusion of Parent Apps increases our industry leadership position and further demonstrates our commitment to schools, their parents and students," said Richard Grazier, President and Managing Director of Community Brands UK.
"This strategic partnership ties with our aim to modernise the way schools use technology and gives school staff and teachers valuable time and resources so they can do what they do best: create a better future for our community."
