Texthelp Group acquires WizKids

Plesner has assisted Toucan Bidco Ltd. and Texthelp Ltd. in connection with the acquisition of 100% of the shares in Wizkids A/S and its sister companies; Wizkids AB, Wizkids AS, Wizkids B.V. and Wizkids Ltd. The Texthelp Group is backed by Five Arrows, the private equity business of Rothschild & Co.

The WizKids group is a Northern European EdTech business, specializing in accessibility tools and data synchronization and offering their products AppWriter, EduLife, TxtAnalyser and MathSolver to more than 1 million students across the Nordics and the UK.

Texthelp Ltd. is a global leader in literacy and accessibility technology, offering their products Read&Write, EquatIO, Fluency Tutor, ReachDeck, WriQ and Speechstream to more than 30 million users. 

Together, Texthelp and WizKids will offer a wider and improved range of assistive technology and EdTech management tools to their customers across the UK and Europe and enable the best assistive technologies to be brought to many more people around the world.

Plesner's core team consisted of Brian Bundgaard, Nina Charlotte Vestergaard and Mads Tolbøll Milbregt.

Read the press release from Texthelp