Lin Education

February 2017

BUYER

Summa Equity is a Nordic private equity firm established in 2016. Summa focuses on sectors related to four megatrend driven themes: resource scarcity, energy efficiency, changing demographics and tech-enabled businesses. Summa Equity closed its first fund in February 2017 with commitments of SEK 4.5 billion.

TARGET

Lin Education is a Swedish Education Technology company founded in 2007. The company is a leader in the Swedish market for digitalisation of the educational system and offers IT hardware, digital content and training and supplementary services for a digital learning environment. Lin Education has demonstrated strong double digit revenue growth annually over the past three years and reported revenues of SEK 570 million in 2016.

SELLER

Founder Josef Lind and a handful of private investors.

TRANSACTION

An exclusively negotiated transaction.

ROLE

HDR Partners was mandated by the owners to find a co-investor for the continued development of Lin Education. HDR advised the owners and assisted on valuation, negotiation and due diligence.