Grant Thornton has successfully advised on the sale of iSAMS, a leading, fully integrated, online school management system, to IRIS Software Group.
IRIS’ acquisition of the Northampton based company represents a growth of its education portfolio and is closely aligned with the Group’s vision to be the most trusted provider of mission critical software and services.
Stuart Davies, a Director at Grant Thornton comments, “this is a fantastic outcome for all involved. This deal further highlights the continued appetite for high quality M&A transactions, and I wish the shareholders every success during their next phase of growth.”
Alastair Price, Managing Director of iSAMS adds, “IRIS shares our vision for the next stage of growth. Its track record in the education market makes it the perfect partner. We are excited about IRIS investing into the business, reinforcing our commitment to service excellence for our customers worldwide.”
iSAMS provides management information system (MIS) solutions to over 500 UK independent schools and over 500 international schools across 80 countries. The web-based MIS provides a range of reporting and engagement tools to help data administrators and staff, as well as students and parents.
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