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Announced

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LLCP-backed Squla compleet the acquisition of Scoyo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private Equity

Cross Border

Acquisition

Completed

Private

Germany

Single Bidder

online learning platform

Online and Social Platforms

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Synopsis

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Levine Leichtman Capital Partners-backed Squla, a consumer education company in the Netherlands, compleet the acquisition of Scoyo, an online learning platform for primary and secondary school students in the German market. Financial terms were not disclosed. “It’s our goal to give as many children as possible access to our popular Squla platform and support them in their education. Squla enables each child to do this at their own level and pace and in accordance with the curriculum, which results in better learning performances. By acquiring Scoyo, we are now able to offer our products to millions of children in the German market, and the free use of Scoyo in the classroom strongly resonates with our mission of giving every child the opportunity to grow," Serge Bueters, Squla CEO.

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