Clearwater International advises EduLab on its sale to Lindhardt & Ringhof

Clearwater International has advised EduLab, a leading provider of SaaS-based maths solutions, on its sale to Lindhardt & Ringhof, a Danish publishing house.

EduLab provides adaptive maths technology and digital maths curriculum for elementary and lower secondary schools in Denmark, Sweden, Norway, and the Netherlands. The comprehensive maths platform comprises of MathsFessor and three add-on modules (SuperTrainer, GeometryFessor, and Coding Island). MathsFessor is the most used maths portal in Denmark (Matematikfessor.dk) with 10,000 plus teachers and 500,000 plus pupils using the platform.

Lindhardt & Ringhof is the largest publisher of educational materials for elementary schools in Denmark as part of the media group Egmont.

This transaction will further enhance and develop the interaction between the digital and analogue portfolio of Lindhardt & Ringhof.