Wordwall, which provides interactive learning tools for educators, has received significant backing from Queen’s Park Equity (QPE).
The investment will help the company, founded in 2006 by Ben Watson and Josh Smith, to expand its operations, invest in new technology and strengthen its position in the digital education market.
The company, which is used by millions of teachers and students worldwide, will also be able to further integrate AI into its platform.
As part of the investment, Wordwall is making several key leadership appointments.
Melissa Esmundo will join as CEO, Greg Watson as non-executive chair and Joe Holland as non-executive director.
The legal aspects of the investment were handled by Bristol-based lawyers at Osborne Clarke.
The team was led by corporate partner James Taylor, with support from associate director William Nicholson, senior associate Kamila Bochenek and associate Matt Mayes.
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Additional support was provided by a multi-disciplinary team including partner Mathew Oliver and senior associate Holly Danman (tax), associate director Lara Fatemi and associate Maeve Gillespie (employment) and associate director Marie-Claire Day (commercial).
Josh Smith, co-founder of Wordwall, said: “James Taylor and his team at Osborne Clarke gave great counsel and worked assiduously to bring the transaction to a close.
“They were attentive to the legal detail and risk, while also practical and commercial in their instincts.
“As entrepreneurs engaged in our first M&A transaction, we could not have asked for a better guiding hand.”
James Taylor said: “It has been a pleasure to work with Ben and Josh on this transaction and I look forward to seeing the continued growth of Wordwall as it begins an exciting new chapter of its journey.
“Congratulations also to QPE, Melissa and everyone else who has worked to make this successful deal happen.”
Osborne Clarke’s corporate team is a go-to practice for companies in the technology, media and communication sector.
Its clients range from global businesses to fast-growth start-ups and market challengers.
