Announced
Financials
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Private
Domestic
Acquisition
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Pending
Software
software company
Single Bidder
Friendly
United Kingdom
Synopsis
Tes, an educational software company, agreed to acquire Orovia Group, a provider of payroll software. Financial terms were not disclosed. “Schools have a major challenge around having to manage a multitude of disconnected systems, especially when it comes to HR and payroll. Being able to bring the EduPay solutions and BPS into the Tes family means we can further help schools and teachers reduce that administrative burden, empowering them with the tools which offer simplicity, accuracy, and greater cost efficiency. The Orovia team have built something very special, both in terms of the products, and the award-winning support. The team are going to be an incredible addition to Tes and the work we do to support schools," Rod Williams, Tes CEO.
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