Strictly Education

DEALS: Strictly Education

Strictly Education logo

THE DEAL

  • Sector: Education
  • Deal type: Management Buy-Outs
  • Deal size: Undisclosed
  • Year: 2016
  • Lead partner: Simon Davies

DEAL TEAM

Richard Boyden Simon Davies

Spectrum Corporate Finance has advised on the Management Buy-Out of Strictly Education.

Headquartered in Milton Keynes, Strictly Education Ltd provides outsourced services including payroll and HR services to over 1000 schools and academies in the UK.

Strictly Education was owned by Bond International Software plc, who decided to divest of the company following a group strategic review.

This was a bi-lateral deal following a direct approach from the private investment firm which backed the MBO.

The management team, led by John O’Neill, are very excited by the opportunity to continue to provide a high quality service to its school clients and with the support of the new investors to develop and grow the company.

"The team at Spectrum understood our business quickly and were able to support us throughout the process through to a successful completion. We were extremely pleased to have them as our advisors." John O’Neill, CEO of Strictly Education