Impero announces new owners Investcorp Technology Partners in £27.5MN transaction


Nottingham, 1st August 2017 – Impero Software is delighted to welcome on board new owners
Investcorp Technology Partners, who are backing the company in its next phase of business growth.
Following a management buy-out by Connection Capital in 2014 Impero has undergone a
transformation to professionalise the business, strengthen the management team, establish growth
in overseas territories and build an impressive market share and leadership position in the UK.
Having hit all business KPIs for the last two financial years, and off the back of record results in its
latest published accounts, Impero and owners Connection Capital agreed that it was time for the
company to move to the next level. Working with advisors Houlihan Lokey, Impero selected
technology investment professionals Investcorp Technology Partners, in a £27.5 million deal signed
on July 31st 2017.
Sam Pemberton, CEO of Impero says: “We recognised that, as a business, having achieved everything
we set out to achieve with Connection Capital it was time to find new owners with a wealth of
experience in the EdTech space, who would help us deliver on our next set of business goals and with
the expertise to drive international expansion. We were impressed by Investcorp Technology Partners’
knowledge of our sector, enthusiasm and deep understanding of our business and commitment to
growth. I am delighted to be working alongside their world-class team.”
Investcorp Technology Partners has a strong track record in the tech space, investing in European-
headquartered technology companies with strong management teams. Commenting on the
investment, Gilbert Kamieniecky, Managing Director of Investcorp, said, “The mission critical nature
of Impero’s product offering, its strong reputation with customers and its attractive growth
prospects in the UK and abroad represent a very attractive investment opportunity for Investcorp
Technology Partners. Its best-in-class safeguarding software and high levels of recurring revenue
have allowed it to secure a leading market position. These fundamental business strengths make it
an ideal candidate for Investcorp Technology Partners to partner with.”
It is very much ‘business as usual’ at Impero’s Nottingham and LA offices, customers can look
forward to realizing the benefits of Investcorp Technology Partners’ planned increased investment
and strategic direction over the coming months and years. “Working with Investcorp Technology
Partners not only allows us to accelerate our business plans, it opens new doors in terms of
partnerships, opportunities and geographical reach.” explains Pemberton.
Having enlisted PricewaterhouseCoopers to carry out an extensive survey of Impero’s global
customer base, Investcorp Technology Partners and Impero have a good understanding of where
efforts should be focused moving forwards. “The findings from this research will feed into the
executive team’s existing impressive plans and we are excited to back the team in resourcing these

plans. This is an exciting time for both Impero and Investcorp Technology Partners and we look
forward to working together to create value for Impero’s customers, staff, and for other
stakeholders.” Says Kamieniecky.

Leave your thought here