MCF advised the shareholders of UniAdmissions on its sale of a majority stake to Testbusters
UniAdmissions, a digital-based leading provider of courses for applicants to Oxbridge, Medicine, and Law universities in the UK, has been acquired by Testbusters S.r.l (“Testbusters”). Through this strategic acquisition, Testbusters extends its geographic reach to the UK market and enhances its service offering in the highly sought-after university admissions preparation segment. Throughout this transaction, MCF advised the shareholders of UniAdmissions on a successful exit from the business they founded 10 years ago, leveraging MCF’s extensive network and expertise within the educational technology space.
“Becoming part of the Testbusters family, with its strong commitment to international growth in the university admissions preparation market, is a great result for our business. We are confident that Testbusters will help UniAdmissions to realise its ambitious expansion plans. I am extremely grateful to the MCF team, without whom, this deal wouldn’t have happened.”
The Deal
In this transaction, MCF advised the owners of a leading UK university admissions preparation course provider, UniAdmissions, on their majority sale to Testbusters S.r.l.
Following the acquisition of UniAdmissions, the combined entity will support thousands of students annually worldwide in their applications to competitive university courses.
The Target
UniAdmissions was established in 2013, by Dr Rohan Agarwal and Dr David Salt, as the world’s first prep school for applicants of Oxford and Cambridge universities. The company has experienced solid growth through organic development and strategic acquisitions, leveraging its best-in-class offering and technology-oriented strategy to scale, whilst maintaining highly profitable margins. With a compelling value-proposition for its customers, significantly improving admission success to globally renowned universities, UniAdmissions is a strong strategic fit for Testbusters.
About Testbusters
Testbusters is a community-based provider of preparatory services for applicants to top universities in Italy, with more than 10 years in the education sector. It operates a network of over 1,000 teacher-students present in 35 Italian cities, helping thousands of applicants to integrate universities every year. Testbusters’ success is based on its innovative, practical teaching model, focused on peer training.