The deal
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 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 advisers.” John O’Neill, CEO of Strictly Education.
Deal summary
Date:
April 2016
Sector:
Education
Deal type:
Management advisory
Deal size:
Undisclosed
The team at The team 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 advisorsJohn O’Neill Chief Executive Officer of Strictly Education