£12m turnover EdTech firm secures latest acquisition
Leeds-based EdTech firm, Smoothwall, has acquired a digital record keeping company to further its growth.
The firm, which last reported revenues of £12.2m, has acquired Blackpool-based Safeguard Software in a move that sees the market leader further strengthen its position as the UK’s number one provider of digital safeguarding solutions.
Already a well-established brand in the UK, Smoothwall said the acquisition of Safeguard Software put Leeds in the spotlight once again as a major hub for tech innovation in the North.
The investment will see schools across the UK benefit from more comprehensive safeguarding, helping to protect vulnerable children both online and offline. Safeguard’s record management software will integrate with Smoothwall’s monitoring solution, enabling schools to better protect children at risk of harm.
Georg Ell, CEO at Smoothwall, said: “We are delighted to have acquired Safeguard Software. It is a well-respected product, with a rapidly growing customer base that values its ease of use and affordability. Bringing together Monitoring and Record Keeping under one roof means we are now the only provider to offer both, strengthening the value in our Optimum digital safety suite of products. Adding Safeguard to our product family means schools can have integrated digital record keeping to and a holistic safeguarding picture, which combines online and offline, of each pupil. This ensures those who need help get it and schools fulfill their statutory requirements.
“This is just the latest in a line of investments Smoothwall has made over the past 12 months to drive sustainable growth as a business, in the service of our customers and to pursue our mission to be the most trustworthy provider of safeguarding in the world.”
The acquisition forms part of an ongoing strategic growth plan at Smoothwall, which has seen a range of new products and new team members joining the company over the past 12 months. Last year, the firm announced the acquisition of Future Digital.
