Bishopsgate further demonstrates its deep technology sector expertise with another EdTech transaction
Bishopsgate is delighted to announce the sale of Edtech provider Pellcomp to Advanced Software further demonstrating their deep sector knowledge across the software and Edtech industries.
Pellcomp software is the market leading Case Management System (CMS) and Learning Management System (LMS) software provider to 500 UK training and employability providers. Pellcomp’s PICS platform supports the end-to-end onboarding, employer engagement, administration, delivery and management of ESFA funded and commercially delivered learning programs and provides case management for Department of Work and Pensions (DWP) employability contracts.
Advanced Software is the third largest software and services company in the UK and is owned by Private Equity firms Vista and BC Partners. Following several recent acquisitions in the education industry of digital learning provider, Smart Apprentices and functional skills provider, bksb, the acquisition of Pellcomp will see Advanced Education further extend its breadth of solutions into the education sector supporting the rapid acceleration of digital learning that prioritise the learner experience for colleges, employers and private training providers.
The acquisition reinforces Advanced’s ambition and determined growth trajectory to become the UK’s best software and services provider.
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Bishopsgate CF Advisors
James McBain Allan
Partner
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Sam Holmes
Manager
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Ed Wesson
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