Five Arrows to invest $36m in Texthelp.

Five Arrows, a private equity fund managed by Rothschild, agreed to invest $36m in Texthelp, a provider of literacy and accessibility technology. "We are thrilled and honored to be working with Five Arrows as we enter the next stage of our growth and expansion. We were impressed by their focus on data, software and technology-enabled businesses, and their active supportive approach to scaling businesses. We look forward to releasing two new products this financial year with Five Arrows support as we expand our workplace and education product offerings. We are also grateful to LDC who helped us go further, faster. They believed in the potential of our business, providing the investment, support and expertise to help us accelerate a truly differentiating digital transformation in a relatively short space of time," Martin McKay, Texthelp Founder and CEO.