Fast growing ed-tech company acquired
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IRIS Software Group, one of the UK’s largest providers of specialist education software, has acquired Every, a leading compliance and HR management solution provider for the education sector.
The Leeds-based company was founded in 2010 providing schools and multi-academy trusts (MATs)in the UK with compliance and HR management software.
“The move marks the next stage in IRIS’ mission to rapidly expand its IRIS Education HR software offering, at a time when many schools and MATs need seamless, integrated solutions. HR is more complex in education due to specific pay scales, salary structures and pension filings. Every’s solution provides integrated, centralised, real-time digital records for HR and finance teams that saves significant time and resources on reporting and tracking and managing staff absence.”
The deal offers Every the opportunity to build on its success to date and deliver greater value to its customers by becoming part of an organisation that currently works with 12,000 UK schools and trusts.
Ian Bond, founder of Every says, “It’s now more important than ever to make sure education professionals have the tools to make their jobs more manageable, empower them with better decision making, and identify more efficient ways of working. Joining the IRIS family allows us to build on what we’ve achieved to date and add greater value to our customers. We are excited about the future with IRIS and reinforcing our commitment to service excellence for our customers.”
Simon Freeman, MD of IRIS Education says, “We are delighted to welcome Every to the IRIS family. This is another step towards creating the most comprehensive end-to-end software offering for schools and trusts – one that takes the pain out of important day to day activities, and ensures they can focus on what matters most, teaching. We’re very excited about continuing to support Every’s growth and market leading people and products to benefit both existing and new customers.”
A team from business advisers Grant Thornton in Yorkshire led by Duncan Morpeth and Andrew Morgan alongside John Whitney and Ben Brydges provided corporate finance advice to the founders of Every while Clarion Solicitors Jonathan Simms, Hitesh Tailor and Hannah Nelson provided legal advice.