Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Tenzing generates 5.6x return with £75.5m Smoothwall sale

Tenzing generates 5.6x return with £75.5m Smoothwall sale

Fri, 06 Aug 2021 | BUSINESS SALE



Tech investment firm Tenzing has sold Leeds-based educational safeguarding technology company to Australian-based Family Zone for £75.5 million. The sale represents a 5.6x return on Tenzing’s invested capital, as well as a 56 per cent Internal Rate of Return.

Tenzing initially invested in Smoothwall in 2017 and has since supported its organic and acquisitive growth. The company, which provides dedicated safeguarding technology solutions in education, is used by over 12,400 schools and around six million students in the UK and US.

The company’s acquisitive growth has been supported by a Tenzing dedicated acquisitions director, helping the firm make numerous acquisitions. Most recently, Smoothwall acquired fellow educational monitoring technology firm eSafe Global Limited.

With Tenzing’s support, Smoothwall has also revamped its business operations, grown its product suite on a Cloud infrastructure and introduced new safeguarding tools.

Tenzing co-founder and managing partner Guy Gillon said that the firm was “proud to have completed our second exit and honoured to have played a part in Smoothwall’s growth”.

Smoothwall CEO Georg Ell said: "We've hugely benefited from the injection of investment, energy and expertise from Tenzing over the last four years; there has always been a real sense of backing us as a team. Their support has enabled us to expand the solutions we offer to our clients, and it makes me incredibly proud that, under Tenzing's ownership, Smoothwall has grown to protect more than six million children.”

Family Zone MD Tim Levy added: "We're delighted to be partnering with Smoothwall. Our organisations share core values around keeping children safe, and our complementary platforms and culture create a unique and remarkable opportunity for synergies and growth on a global stage."


Read more about how Covid-19 and the rise of remote learning are spurring M&A activity in the educational technology sector in this exclusive insight.

Find businesses for sale here.

If you are looking for an exit, we can help!


Share this article



Latest Businesses for Sale

E-Commerce Retailer
North West, UK

The e-commerce retailer that sells goods imported from China and India through eBay and Amazon. Following a change in circumstances, the owner is now seeking to sell the business and retire. The business sells a wide range of imported products throug...

Asking Price: Offers Invited
Turnover: £800,000

LEASEHOLD


E-Commerce Retail / Wholesale Home Décor Products
UK Wide

Highly profitable and fast growing business in the home décor segment. Strategic acquisition for a synergy buyer. Staff in place if required or would be suitable for relocation. Lots of opportunities for expansion. Turnover increase YoY 2020-2021 was...

Asking Price: £1,200,000
Turnover: £2,199,000

LEASEHOLD


Plumbing and Heating Installation Services
West Midlands, UK

Based in the West Midlands, they provides above ground plumbing and heating installation services for national and regional house builders, with the capability to carry out works on large domestic housing projects comprising hundreds of newly-built d...

Asking Price: Offers Invited
Turnover: £2,000,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

 
22
 
Jun
 

Acquisitive ESG consultancy set to be sold | BUSINESS SALE

An acquisitive environmental and sustainability consultancy ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
23
 
Jun
 

Tenzing-backed Smoothwall acquires EdTech monitoring firm | BUSINESS SALE

Smoothwall, a Leeds-based safeguarding tech firm backed by T...

 
04
 
Feb
 

Broadcast publisher MBI completes MBO | MBO/MBI

The publisher of Broadcast, Media Business Insight (MBI) has...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.