Investor buys edtech business for £27.5m
Education software business Impero has been bought for £27.5m, trebling its value just three years after a management buyout.
Investcorp Technology Partners has bought the Nottingham-based business from investor Connection Capital.
Impero provides online safeguarding software to educational establishments around the world. It also has a Californian office, with American revenues accounting for one-fifth of the company's total.
Sam Pemberton, chief executive of Impero, said: "Connection Capital's support has enabled us to dri... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
