La Salle advise on minority investment in Education Provider from Founders Private Capital

La Salle are delighted to announce the completion of another deal 🤝

'Educational Resources & Training provider Creative Hut For Education, enters buy & build strategy via minority stake acquisition.'

Founders Private Capital (FPC), which launched earlier this year, has backed Creative Hut, which has worked with Amazon and LEGO. The multimillion-pound deal is the private equity firm's first investment.

Creative Hut company Background:

Established in 2017 and based in Warrington, Cheshire; Creative Hut For Education Ltd are an established, market-leading provider of a range of STEAM-based learning products, resources and training.

The company hold valuable reseller partnerships with Ed-Tech brands and run STEAM-based CPD training days and workshops for educators and pupils alike.

They also have collaborated with education institutions and Premier League football clubs, notably St Malachy’s College, Everton FC, and Newcastle United FC, to create state-of-the-art ‘Learning Spaces’ to help young people prepare for the future.

Deal Summary:

The Shareholders at Creative Hut instructed La Salle to help identify investors and assist with a share sale of the company.

Several potential acquisitors were sourced and Founders Private Capital emerged as the leading candidate. Their plan was to acquire a minority stake in Creative Hut and develop a buy & build strategy.

La Salle have also been retained to assist on the buy-side, sourcing new opportunities with a view to introducing new product and service offerings and generate new revenue channels to develop the group.

La Salle Corporate Partner Matt Dillon stated:

"We ran a very focussed sales process designed to introduce a small selection of parties that we felt would meet the company’s requirements from both a cultural and funding perspective. 

"FPC met the requirements, and we now look forward to helping both the company and FPC seek further acquisition opportunities in the sector."

Creative Hut Founder Gareth Boldsworth commented on the deal:

"We are seeing significant demand from firms for our Corporate Social Responsibility (CSR) and STEM outreach programmes, designed to prepare young people for tomorrow’s careers alongside delivering purpose-driven community impact. 

FPC quickly identified the core values of Creative Hut in our discussions and aligned with our vision to provide support and infrastructure to accelerate the number of students and teachers we impact worldwide on an annual basis. We look forward to working with Ravi Sharma and the team over the coming years."

Gareth added comments on La Salle:

"The support we received from La Salle was exceptional.

Matt played a pivotal role in keeping us on track and providing unwavering support throughout every step of the journey.

His dedication, expertise, and meticulous attention to detail ensured a smooth and successful process.

They gave us lots of different options and were patient, knowledgeable and easy to work with during the decision-making process.

Thanks to Matt and the entire La Salle team, we felt confident and well-guided at every turn.

We couldn’t have asked for a better partner in this significant milestone for our company and I would recommend them to anyone who is about to embark on a similar journey.

A true service-oriented organisation."

Ravi Sharma of Founders Private Capital added:

"We are really excited to work with Gareth and the Creative Hut team going forward. The team have developed a STEM education-led CSR service offerings which have unique appeal to large enterprise businesses looking to meet their CSR requirements. 

"We have seen some really great traction over the last 12 months and look forward to supporting management in driving growth both in the UK and internationally."

Advisors:

• Corporate Finance (to Creative Hut) – La Salle Corporate (Matt Dillon)
• Legal – Hill Dickinson LLP
• Financial/Tax Advisory – Williamson & Croft

Read more about this deal on:

Insider Media

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