Australian Conglomerate Buys International Schools Software Company

Mergers and Acquisitions

Australian Conglomerate Buys International Schools Software Company

Apr 6, 2020

Education Horizons Group, a Melbourne, Australia-based K-12 education software provider, has bought Double First, a Yeovil, England-based international schools software provider.

Education Horizons, also called EHG, made the purchase to expand outside of Australia and New Zealand. The company serves more than 1,900 schools and one million school users in more than 60 countries. EHG has been majority owned by private equity firm Potentia Capital since August.

Founded in 2016, EHG has bought five Australian edtech companies since 2015. Its products include the SEQTA teaching and learning system, the myEdOnline distance learning platform and property and location data management system OMNILINK.

Founded in 1987, Double First offers tools to help schools manage academic, marketing, administration and finance functions. The company services 600 schools across Europe, Africa, the Middle East and Asia Pacific. Double First CEO Barry Anns will continue in that role as well as lead international growth for EHG.

Other recent acquisitions involving Australia-based companies in education technology include Acendra’s purchase of Maryland-based e-learning training services company ICS Learning Group, and Pearson’s $25 million acquisition of Sydney-based Smart Sparrow’s technology.

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