IMP Software secures a significant minority investment from Partech Growth Fund to enhance its R&D capacity and expand its offerings for Multi-Academy Trusts.

Information on the Target

IMP Software is a premier platform designed to enhance budget forecasting and financial management specifically for Multi-Academy Trusts (MATs). Based in Exeter, the company has established itself as a market leader, providing innovative solutions that enable MATs to manage their financial operations with greater efficiency and accuracy. With a customer base of over 550 trusts across 6,000 schools, IMP Software delivers a suite of advanced tools that empower educational leaders to plan their finances with clarity and confidence.

The recent minority investment from Partech Growth will significantly bolster IMP Software's capacity for research and development, allowing for an expansion of its product offerings tailored to the needs of MATs. This investment not only provides financial backing but also emphasizes the company's commitment to maintaining high standards of customer support and service delivery.

Industry Overview in the Target’s Specific Country

The education technology sector in the UK has witnessed substantial growth over the past few years, spurred by an increasing demand for digital tools that enhance learning outcomes and operational efficiencies. As educational institutions seek to