Sale of Texthelp to Five Arrows Advisory Report

This document is an advisory report detailing the sale of Texthelp, a leading provider of literacy and numeracy assistive technologies, to Five Arrows, the private equity arm of Rothschild & Co. The report outlines the background of Texthelp, including its headquarters in Belfast and additional offices in Boston and Brisbane. It describes the company's SaaS solutions aimed at supporting individuals with reading, writing, and numeracy challenges. The report also highlights the partnership between Texthelp and Lloyds Development Capital (LDC), which began in May 2019, and notes a 40% increase in revenues during this period. The advisory process led by DC Advisory involved a competitive sale process, resulting in a successful transaction announced on December 16, 2020. The report emphasizes the strategic advantages of the sale and the potential for Texthelp's continued growth under Five Arrows' ownership, with insights from key stakeholders involved in the transaction.