Financial Due Diligence Partner

Evolution Capital was proud to provide Financial Due Diligence support to Redsquid on acquisition of Partnership Education

Evolution Capital was proud to support Redsquid as its selected Financial Due Diligence partner on the acquisition of Partnership Education Limited. The transaction marks Redsquid’s largest acquisition to date and significantly strengthens its specialist capability in the education sector across the UK.

The Background

Redsquid, the UK based managed technology and cybersecurity provider, acquired Partnership Education as part of its continued growth in the education market. Based in Cranfield, Partnership Education supports more than 170 schools and academies with their IT and technology needs. The acquisition brings nearly 80 employees into the Redsquid group and adds more than £8 million of revenue, marking a major milestone in Redsquid’s growth journey.

Advice, Planning and Preparation

Evolution Capital acted as Redsquid’s Financial Due Diligence provider on the acquisition. Using the EC Analytics toolset, the team supported Redsquid with deeper insight into the trajectory and performance of the business, helping management assess value, performance and strategic fit with greater clarity. Sohin Raithatha, CEO of Redsquid added:

“We were pleased to work with Evolution Capital on this transaction. Their Financial Due Diligence support was thorough, insightful and delivered with a strong understanding of the strategic considerations behind the deal, giving our team real clarity as we progressed through the process.”

A Successful Outcome

The acquisition significantly accelerates Redsquid’s specialist capability in education and expands the group’s reach across the UK. It also creates new opportunities for colleagues across both businesses to learn, progress and collaborate as part of a larger values led group. Sam Godfrey, Transaction Services Director at Evolution Capital, commented:

“Redsquid’s acquisition of Partnership Education represents a significant step in the group’s continued growth within the education sector. We were pleased to support the team as Financial Due Diligence adviser, using EC Analytics to provide deeper insight into the performance of the business and support informed decision making throughout the transaction.”

More broadly, the transaction reinforces Redsquid’s strategy of combining sector expertise, secure modern technology and trusted relationships in markets where specialist capability and service quality matter deeply. For Evolution Capital, it was a pleasure to support the Redsquid team on a landmark transaction that represents an important step in the company’s continued growth journey.