Nexacu is one of Australia’s leading providers of instructor-led Microsoft Application training courses, with clients spanning governmental, education and commercial sectors. The transaction, which closed on 10 October 2022, involved the sale of 100% of the issued share capital of Nexacu Holdings Pty Ltd to EdventureCo Pty Ltd to create a highly complementary and deeply integrated platform for delivery of digital skills training.
The acquisition of this well-established business allows EdventureCo to leverage Nexacu’s extensive portfolio of end-user courses to an existing enterprise sales infrastructure and boost its training pool to more than 30,000 students per year on a national basis.
Ben McTaggart commented:
“We are extremely proud to have acted for the founders of Nexacu in this transaction. This deal, which was significant in terms of value and scale, is further evidence of the continued buoyancy in the Australian private M&A space and highlights the benefit of founders selecting an appropriate acquisition partner to maximise value on exit. We were able to leverage our transactional expertise, and deliver a whole-of-team solution, to assist the founders in achieving a great outcome.”
To read AWN’s official announcement, please visit the link here.
About McTaggart Grant Lawyers
McTaggart Grant Lawyers is a boutique corporate, commercial and property law firm founded by former top-tier lawyers Ben McTaggart and Mary Grant. Our lawyers are specialists and we partner with our clients to deliver expert, timely and commercially astute advice with a relentless focus on quality. We work with founders, business owners, family offices and corporations Australia-wide across a range of industries, including childcare, property development, private capital, franchising, medical and allied health services and retail. We are proudly headquartered on the Gold Coast and deliver our services locally and remotely to interstate clients using modern technology.
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