Montagu Private Equity to acquire Capita’s ESS business and invest in ParentPay Group. ESS to become part of ParentPay Group, subject to approval.

Montagu Private Equity (“Montagu”), a leading European private equity firm, today announces it has agreed to acquire the Education Software Solutions business (“ESS”) of Capita plc and has also agreed to invest in ParentPay Group (“ParentPay”), a leading provider of education technology. Following successful completion of both investments, ESS will become part of the ParentPay Group. ESS is a [...]