Boston, December 16, 2020: Texthelp Ltd, the global leader in literacy and accessibility technology, today announced a significant investment from Five Arrows, the private equity arm of Rothschild & Co, as it replaces LDC, the private equity arm of Lloyds Banking Group. Five Arrows is investing in Texthelp through its European fund (Five Arrows Principal Investments) and its US fund (Five Arrows Capital Partners). Five Arrows targets investments in category-leading B2B data and software companies across healthcare, education, and other vertical end-markets.
Texthelp has appointed Martin McKay as CEO following Mark McCusker’s decision to step down as CEO after 20 years.
We are thrilled to announce that we have won best 'International Digital Education Resource' in the UK's BETT Awards 2020 for our flagship Read&Write product!
Today, we’re celebrating receiving We Invest in People (IIP) platinum standard – the highest level of accreditation held by less than 2% of IIP‐certified companies across the UK.
On behalf of everyone at Texthelp, I’m very happy to announce this morning that we have secured new investment in our company. Our new investors are LDC, the investment arm of Lloyds Bank.