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Avantis Systems Ltd.

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Year established

2007

Location

Gloucester UK

Primary Industry

Software

About

Based in Gloucester, UK, and founded in 2007, Avantis Systems Limited, formerly known as Mandaco 524 Limited, provides virtual reality-based learning technology to the education industry internationally. In August 2022, LDC acquired Avantis Systems Limited from Key Capital Partners. The company offers various devices such as a school virtual reality headset, 10.1 detachable school tablet, 14” windows 10 school laptop, 75” classroom interactive screen, school wireless charging case, wireless charging, and storage units. Additionally, the firm provides software classconnect which helps teachers to teach and children learn. Furthermore, the company provides its support to schools and teachers by providing tablet in-school training, school technical support, and many more. The August 2022 acquisition may support the company’s international expansion plans.
Current Investors
LDC, Key Capital Partners

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Primary Industry
Software
Sub Industries
Education & Training Software
Website
www.avantiseducation.com
Verticals
Augmented Reality (AR), EdTech, Virtual Reality (VR)
Total Amount Raised
Subscriber access only

Deals

Deals Type
Secondary Buyout
Buyout
Growth
Growth
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Avantis Systems Ltd. 04 Aug 2022
Completed Avantis Systems Ltd. 30 Jun 2022
Completed Avantis Systems Ltd. 09 Sep 2020
Completed Avantis Systems Ltd. 01 Feb 2020
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