Consolidating a Global Platform After Years of M&A

Education
Private Equity
Portfolio Company
client
EdTech Platform
30 September 2025
Consolidating a Global Platform After Years of M&A
Buy & Build the hard way

The opportunity

A UK-headquartered EdTech group with over 100 years of heritage was moving from physical publishing to a unified, SaaS-first business that serves schools, teachers, students and parents worldwide. Backed by private equity and built through years of buy-and-build M&A, the group had grown to 22 brands and 25 products. The next phase of growth meant consolidating that portfolio into a single, scalable platform

Goals

Complete the shift to SaaS, sell more products per customer, expand into new markets, bundle and integrate the product set, and keep growing through M&A; all in support of a $100M EBITDA target.

The challenge

Fast, acquisitive growth had left the business fragmented rather than unified:

  • Multiple brands sitting in separate legal entities
  • Separate product organisations with limited integration between them
  • Different tech stacks and delivery teams, working in different ways
  • Data scattered across systems, formats and sources of truth
  • A limited pool of affordable senior tech talent

Our approach

  • Build a Value Creation Plan to accelerate software development, including a new Global Delivery Centre based in Bangalore
  • Run buy-side, pre-acquisition Tech DD covering architecture, product, engineering and post-acquisition integration
  • Install a new Global Architecture leadership to define the SaaS target architecture, roadmap and agile ways of working
  • Modernise core "back-office" capabilities; namely CRM, pricing & bundling, customer onboarding for a SaaS business model

Results

The implementation of the new supply chain management software led to significant improvements:

  • 130+ engineers across 19 squads, working under a global delivery model spanning the UK, Australia, India and Central & Eastern Europe that balances cost and capability
  • A new Architecture function with company-wide governance, standards and playbooks
  • Centralisation & integration across the product set: single sign-on, API integration, domain-driven data models and shared services

$14B
UK EdTech market size
22 Brands | 25 Products
Strong Buy & Build strategy driving vigorous M&A activity