October 2020
iSAMS Limited
Adviser to iSAMS on their sale to IRIS Software Group
£undisclosed
Grant Thornton team
Technology
Sell side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised iSAMS Limited on their sale to IRIS Software Group Limited.

Established in 2005, iSAMS is a market leading web-based school management information system (MIS) for the entire school community. 

The system is the number one MIS for UK independent schools and has a significant presence in the international school market. iSAMS works with over 1,000 schools and groups and operates in over 75 countries. 

Our team were engaged in August 2020 to provide corporate finance sell-side advice to the company shareholders, as well as a range of tax advisory services covering both company and personal tax for the client. Following a pre-emptive approach, we ran a confidential and competitive process with a focussed selection of strategic global acquirers delivered to a tight timetable. 

This allowed us to drive value and find the right strategic partner for iSAMS, to accelerate the growth trajectory and expand into the state schools market in the UK. 

Our extensive sector expertise across the education and software sectors, and relationships with the key strategic acquirers globally, meant we were able to position the business for value, and ensure the unique platform iSAMS provides was reflected in offers received. Crucial to delivering value for the shareholders was our hands on support through a tight and intensive diligence process, which delivered a transaction from start to finish in less than 12 weeks. 

Testimonial
We were very pleased with the support and commitment shown to us by the Grant Thornton team. It was our first experience of an acquisition and it was very important that we were given the expert guidance throughout the whole process, from the initial workshops to completion. We would highly recommend Grant Thornton to anyone looking for that complete service.
Jamie Reid Sales Director, iSAMS Limited