Equator was delighted to have supported the brilliant investment team at August Equity with Technology Due Diligence in their recent investment in a leading provider of apprenticeships and commercial training programs.
Impact Futures plays a crucial role in delivering 5,000 apprenticeships per year to provide learners with access to high quality vocational training, allowing them greater access to job opportunities and facilitating career progression. The business also focuses on the core end markets of health & social care and early years, critical industries that will support the sustainability of our communities over the next generation.
August’s investment represents the first institutional capital investment the business has received and will provide capital to support the team on their growth trajectory, focused on organic growth in its core end markets, investment in the sales and marketing function, and targeted M&A opportunities that will provide scale and expand the business’ capability into adjacent sectors.
The investment in Impact Futures is very much aligned with the core August investment strategy of investing in compliance driven assets providing services to customers in critical end sectors.
Technology Due Diligence Services
We supported the transaction with comprehensive technology due diligence covering suitability of systems, scalability and resilience of IT systems and software, assessment of proprietary technology, cyber security approach, tech and product team capabilities and assessment of the forward technology roadmaps.
Very best of luck to all involved, we wish you every success.