European tech investor Investcorp Technology Partners acquired Impero, a UK-based provider of online student safety, classroom and school network management software, for $36.3M (3.6x EV/Rev). Impero serves more than 1,400 secondary schools across the UK and 500 school districts in the U.S.. Investcorp will support Impero’s growth both organically and through add-on acquisitions.
Seller Business Description:
Impero Solutions develops school network management and monitoring software. HQ: Nottingham, U.K.
Buyer Business Description:
Investcorp is a private equity and venture capital firm. HQ: Manama, Bahrain. See Press Release.