McDermott Advises Lenders On Financing The Sale Of Global Technology Pioneer Texthelp Ltd To Five Arrows Principal Investments

Overview


McDermott Will & Emery advised the lenders on financing the acquisition of Texthelp Ltd by Five Arrows Principal Investments.

Founded in 1996, Texthelp has established itself as the global pioneer and leader in cloud-based assistive technology and learning analytics for the education and corporate sectors. The company has supported 30 million students and employees worldwide with reading, writing, and numeracy as well as productivity challenges, including those with dyslexia or working in a second language. Current customers include some of the largest school districts in North America and Australia, schools and businesses across the UK and the Middle East as well as Government and Fortune 500 organizations.

Five Arrows Principal Investments is the private equity arm of Rothschild & Co that focuses on investing in lower-middle market companies in Western Europe.

The McDermott team was led by partner Aymen Mahmoud and included associate Nicholas Jupp and trainee Ryan Clarke.

Axis Arbor Partners acted as debt advisor to Five Arrows Principal Investments.

About McDermott


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