Press release | Source: Squla & Levine Leichtman Capital Partners
Amsterdam / The Hague – June 7, 2018 – Levine Leichtman Capital Partners (“LLCP”) today announced that it is investing in Squla together with the existing Squla management team – led by CEO Serge Bueters.
Squla is the leading consumer brand in the field of education for Dutch parents and children. Since its launch in 2010 by André Haardt, Squla offers the largest online practice platform for primary school students. Squla is located in Amsterdam and the platform fits seamlessly into the Dutch curriculum. This helps children to learn in a fun, personal and flexible way. Although originally aimed at home use, Squla is now also used by schools throughout the Netherlands.
Serge Bueters: “We are very excited about this next step and look forward to jointly continuing our mission to help as many students as possible progress through Squla’s Fun Learning approach. We are convinced that LLCP is an excellent partner to grow our business and develop new services. An example of this is TaalExtra, which started this week and is specially designed for children with spelling problems and dyslexia. LLCP’s extensive experience in education, their Dutch office and reputation as a value added partner have been key to our partnership.”
Wouter Snoeijers, Managing Director of LLCP: “We look forward to working with Serge Bueters and the Squla management and supporting them in their mission. Squla helps students throughout the Netherlands to get more out of themselves, and we are happy to contribute to Squla’s further growth and success.”
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Note for editors:
Squla has grown to become the market leader in online curricula over the past nine years. The Dutch company with 50 employees allows children to learn in a playful way and in this way connects well with the experience of primary school students. At the moment, more than 130,000 children practice and play on Squla at home for an average of 90 minutes a week. Squla offers schools a free login to enrich the lesson with online quizzes and games, even during school hours. More than 600,000 primary school students are currently using this.
Levine Leichtman Capital Partners is a Los Angeles, California-based private equity firm that has managed approximately $ 9.7 billion in institutional capital since its inception. LLCP invests in medium-sized companies in the United States and Europe. LLCP is currently making new investments through Levine Leichtman Capital Partners VI, LP, LLCP Lower Middle Market Fund, LP, Levine Leichtman Capital Partners Europe, LP, and Levine Leichtman Strategic Capital, LLC. LLCP has offices in Los Angeles, New York, Dallas, Chicago, Charlotte, London and The Hague.