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Capita plc - Completion of the sale of Education Software Solutions PR Newswire Completion of the sale of Education Software Solutions ("ESS") business Capita is pleased to announce that it has completed the sale of its ESS business to Tiger UK Bidco Limited, a newly formed company established by funds advised by Montagu Private Equity (" Montagu"). As previously announced on 14 December 2020 and 14 January 2021, the disposal of the ESS business, a standalone business within the Capita group, supports Capita's ongoing strategy to "simplify, strengthen and succeed". The cash proceeds paid by M...

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IN BRIEF: Capita Completes Sale Of Education Software Solutions Tue, 2nd Feb 2021 19:11 Capita PLC - London-headquartered outsourcer - Completes sales of Education Software Solutions business to Tiger UK Bidco Ltd, established by funds advised by Montagu Private Equity, for GBP298.5 million. An additional sum of GBP45 million will be payable by Montagu to Capita following receipt of certain regulatory approvals in respect of Montagu's agreed investment in ParentPay (Holdings) Ltd. Sale supports Capita's ongoing strategy to "simplify, strengthen and succeed," it says. The net proceeds from t...

Capita plc - Result of Meeting PR Newswire Capita gains shareholder approval for the proposed sale of its Education Software Solutions Business Capita is pleased to announce that the resolution proposed at the general meeting of the Company held at 11:00 a.m. on 14 January 2021 (the " General Meeting"), seeking approval for the proposed sale of its Education Software Solutions business to Tiger UK Bidco Limited, a newly formed company ultimately owned by funds advised by Montagu Private Equity (the " Disposal"), was duly passed by shareholders. Full details of the poll result are set out belo...