BDO Transaction Services advises Humly AB on three UK acquisitions
Deal TypeTransaction Services
Founded in Sweden in 2015, Humly Edtech AB matches supply teachers with nurseries and school placements through a proprietary digital marketplace.
As part of the group’s ongoing domestic and international growth strategy, the BDO Midlands teams undertook buy-side Financial/Tax due diligence on Humly’s first three acquisitions in the UK. Between April and July 2021, Humly completed the acquisitions of Supply Teaching Ltd, Simply Supply Ltd and Eyears Ltd. Based throughout the UK, the three acquired businesses are engaged in the supply of teachers and assistants for short-term and longer term supply teaching in Primary School, Secondary School, Nursery and Special Needs roles, as well as to fulfil permanent positions.
These acquisitions have enabled Humly to secure a presence in the UK market and present exciting growth opportunities through leveraging the group’s digital marketplace infrastructure.
"We are delighted with our collaboration with BDO Midlands for our first three acquisition in the UK. The BDO team were great to work with during the financial/tax due diligence process and have quickly learned our priorities so as to deliver a service over and above our expectations."
Gustav Bild-Tofftin CEO and co-founder of Humly AB