Addleshaw Goddard has advised on the sale of Glasgow-based EdTech business, SchoolCloud, to international provider, Tes.
With the pandemic accelerating the adoption of technology by schools, SchoolCloud has provided a trusted platform capable of solving an array of challenges faced by teachers, parents and pupils.
Originating as a 2006 classroom assignment led by secondary-school pupils, Robbie Beattie and Marcus Fields, SchoolCloud is now recognised as the company behind the most popular online parents’ evening software in the UK. The firm has also launched multiple award-winning technology solutions that are now used globally to enhance school operations.
The Addleshaw Goddard team was led by Corporate Partner, Murray Jack, and also included Gavin Smith, Pash Munyengeterwa, Calum Fisher, Kelly Jones and Lauren Hill.
Murray Jack, Corporate Partner at Addleshaw Goddard, said: “The increased reliance on technology throughout the pandemic is evident in the volume of tech M&A deals Addleshaw Goddard has completed over the last 12 months. The acquisition of SchoolCloud bolsters the strong pipeline of activity that we are concluding in this sector, and we expect to see this trend continue as technological and digital innovation remains top of the agenda.”