Levine Leichtman Capital Partners Sells Futurewhiz
Levine Leichtman Capital Partners has sold its portfolio company Futurewhiz, the parent company of Squla, WRTS and Scoyo to NPM Capital.
Futurewhiz is a consumer education company in the Netherlands and provides interactive educational tools for primary school pupils (Squla) and secondary school students (WRTS).
Wouter Snoeijers, Managing Director of LLCP, said, "LLCP's investment in Futurewhiz has been extremely successful for the company and all of its stakeholders. We supported the company's execution of two transformational acquisitions, adding new products and expanding into new end markets and geographies. The company is now strongly positioned to continue to execute on its growth strategy, and we wish them continued success in the future."
ING served as financial advisor and NautaDutilh served as legal counsel in connection with the transaction.
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