LDC has exited Texthelp, a global provider of literacy and numeracy assistive technologies to the education and corporate sectors, to Five Arrows.
Texthelp has a customer base across the Americas, Europe, Middle East and Australasia. The company has supported 30 million students and employees with reading, writing and numeracy as well as productivity challenges. The firm employs more than 180 staff across its headquarters in Belfast and international offices.
Martin McKay, CEO of Texthelp, said: "Our partnership with LDC helped us go further, faster. The team believed in the potential of our business, and our ability to deliver on our plans. They provided the investment, support and expertise to help us accelerate a truly differentiating digital transformation in a relatively short space of time.”
Steve Aston, Senior Director at LDC, added: “Martin, Mark and the team have built a business focused on unlocking potential through innovation and technology. We’ve enjoyed supporting their growth ambitions and seeing them out-perform both their own plans and the broader market. We wish them every success and we’re looking forward to watching them become even more of a household name in the global EdTech and Accessibility market.”
