Piper Private Equity makes an investment in Justin Craig, the revision tuition specialist
1st April 2008Piper Private Equity, the specialist investor in consumer branded businesses, has made an investment into Justin Craig Education, one of the UK's leading and best established providers of specialist GCSE, AS and A2 revision courses.
Justin Craig, founded over 25 years ago, now operates from 13 centres in the UK. Its courses run over the Easter holidays, May half-term and during weekends.
George Adams, who led the deal for Piper, stated "We were particularly impressed by Justin Craig's outstanding reputation amongst parents, schools and most importantly students." He further commented "Smith & Williamson generated this exciting off-market opportunity for Piper and efficiently helped us execute it."
Brian Livingston, head of M&A at Smith & Williamson added "We have known Justin Craig for a number of years, during which time the company has grown tremendously. As a result of this early involvement and our knowledge of Justin Craig we were delighted to be able to introduce a suitable investment party, Piper, to assist them in further growing their brand within the rapidly expanding education sector."
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Smith & Williamson is an independent professional and financial services group employing over 1,400 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group operates from offices in London, Belfast, Bristol, Glasgow, Guildford, Maidstone, Salisbury, Southampton and Worcester.
Smith & Williamson Limited
Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International, a worldwide network of independent accounting firms.
Smith & Williamson Corporate Finance Limited
A member of M&A International Inc. Authorised and regulated by the Financial Services Authority. A member of the London Stock Exchange.