Minority investment of Klett in Gynzy

Sector(s)
TMT
Deal type
Sell your business / Buyout / MBO
Date
April 2022
Countries involved
Netherlands / Germany

Client

Gynzy develops digital learning solutions (e-learning / SaaS) for primary schools.

Deal

Capitalmind has advised the shareholders of Gynzy on the minority investment by Klett

Parties

Lead team

  • Ron Belt

    Ron Belt

    Managing Partner Benelux

About the deal

Gynzy is a producer and publisher of educational software for primary schools. The company has two main products, a whiteboard (classroom) solution and individual software for children, which can be used in classrooms or at home.

Gynzy has been founded in 2007 and has obtained a market share of more than 60% in Dutch classrooms with its whiteboard software. In addition, the company has approximately 25% market share in individual teaching solutions.

Primary schools are (finally) transitioning towards the usage of digital teaching methods. The COVID-19 pandemic has accelerated the adoption of individual learning software.

Klett, a large German based learning solutions provider, purchased a minority stake in Gynzy for two reasons. First, to get access to the software of Gynzy and second to help Gynzy in rolling out its software to other markets.

What we did

Capitalmind advised Gynzy and its shareholders throughout the sell-side process, including:

  • Drafting info/marketing materials;
  • Screening and selection of worldwide strategic and financial buyers through a competitive process;
  • Managing negotiations;
  • Handling due diligence;
  • Coordinating legal documentation phase.