Empowered Learning & Modern Star
EMPOWERED LEARNING SOLD TO MODERN STAR
Information Technology Industry
Audio Visual Solutions
Deal value: 5 – 10m
Johnsons Corporate, the M&A Worldwide Partner in Australia, is pleased to announce the successful sale of a private, mid-sized Australian business to a strategic trade buyer. After facilitating a comprehensive, end-to-end sales and negotiations process, our client – Empowered Learning – has been acquired by Modern Star for an undisclosed amount. NSW-based Empowered Learning is a long-standing and market-leading provider of interactive audiovisual (“AV”) technologies to the education sector. The Sydney headquartered acquirer, Modern Star, is a multinational supplier of educational resources to early childhood services, primary schools, and before and after school care programs.
The team at Johnsons Corporate was pleased to act as lead advisors to Empowered Learning’s director and would like to extend our congratulations to both the vendor and the purchaser. In 2019, having positioned the Business for continued growth in Australia’s education sector, Empowered Learnings owner decided to exit by way of sale to a third party, seeking new owners with the scale & capabilities to continue growing the business at a national level. After engaging our services, Johnsons Corporate secured Offer & Acceptance for the Business on his behalf within 8 weeks of going to market.
Regarding the sales process, Empowered’s director commented: “In the end, we did the deal within about 6 months of going-to-market. We were very pleased with the outcome in relation to both price and deal terms secured.”
For over 50 years Johnsons Corporate has specialized in the provision of business sales and acquisition services to mid-sized, private Australian companies. Our clients get results because Johnsons’ approach is specifically designed to optimize outcomes in the mid-market business sector. Custom research and direct marketing capabilities, combined with expertise in sales and negotiations, create a service unavailable elsewhere in the fields of traditional business broking and corporate advisory services.