finnCap Cavendish advises on sale of Soundbite Learning
finnCap Cavendish, part of financial advisory firm, finnCap Group plc, is pleased to announce it has advised on the sale of GCSEPod (Soundbite Learning), a market-leading digital learning and assessment platform, to Access Group, a leading provider of business management software to mid-sized organizations.
Soundbite Learning is a subscription-based platform which operates primarily through its B2B branded offering, ‘GCSEPod’. Trusted by over 1,700 schools in 40+ countries and with over 10 years in the sector, GCSEPod has expertise in developing continuously award-winning content in a rapidly changing environment. The triple Bett award winner has created exceptional assessment features which pinpoint knowledge gaps and areas of low confidence in groups and for individual students making effective planning and intervention easier. Exam-style assignments can also be used to evidence attainment and the data derived from the platform is unrivalled in the industry.
With education leaders recognising the growing importance that technology plays as they recover from the impact of the Covid-19 pandemic, this marks a highly strategic acquisition for Access Group, integrating GCSEPod’s blended learning and engagement system into its education portfolio.
Access Education is one of the leading providers of software solutions for over 8,000 learning institutions in the UK, dedicated to supporting its education customers through every school, teacher and parent interaction.
Anthony Coxon, co-founder, GCSEPod “This transaction is a hugely important step in the company’s development, strongly positioning the business for its next phase of growth, allowing us to meet the growing need for secondary school students to learn in an independent, fluid and remote manner.”
Mike Dinsdale, director at finnCap Cavendish said: “We are delighted to have advised the shareholders of GCSEPod on this successful transaction. Over the years, the GCSEPod team have built an outstanding, award-winning platform, combining the foundations of learning & assessment into a product that delivers tangible results for students. In Access, we are confident that the business has found the right home and look forward to witnessing the next phase of its growth story.”
John Farrugia, managing partner at finnCap Cavendish commented: “We are very proud to have advised on this deal, further cementing finnCap Cavendish’s expertise in the fast-growing ed-tech market. At finnCap we are passionate about creating equal opportunities for the younger generation and this deal will allow GSCEPod to accelerate its growth plans and continue to provide accessible and engaging digital content for the British school curriculum, allowing students, regardless of their background, to progress in their education.”