Sdui buys FoxEducation and raises a further 21 million euros

Koblenz / Vienna - The Koblenz-based Sdui Group, one of the leading provi­ders of educa­tion tech­no­logy in Europe, has acqui­red the educa­tion plat­form FoxE­du­ca­tion with its brands School­Fox, Kids­Fox and TeamFox.
Fox Educa­tion Services GmbH previously belon­ged to GoStu­dent, one of the world’s leading tuto­ring provi­ders and educa­tion platforms.
At the same time, Sdui has recei­ved a further 21 million euros from inves­tors. Summi­teer and HV Capi­tal are leading the new finan­cing round with broad support from new and exis­ting inves­tors — inclu­ding Haniel, Brigh­teye, Michael Hinde­rer and HTGF.
With the acqui­si­tion of FoxE­du­ca­tion, Sdui streng­thens its posi­tion as a leading educa­tion tech­no­logy provi­der in Europe and now serves over 22,000 schools and daycare centers.
In addi­tion, Sdui has raised a further 21 million euros from exis­ting and new investors.
Summi­teer and HV Capi­tal are leading the new finan­cing round with broad support from new and exis­ting inves­tors — inclu­ding Haniel, Brigh­teye, Michael Hinde­rer and HTGF.
Toge­ther with the 25 million euros from the first finan­cing round (Series A), the EdTech provi­der has raised a total of 46 million euros.
The company is inves­t­ing part of this sum in the acqui­si­tion of FoxEducation.
With the acqui­si­tion of FoxE­du­ca­tion, the Sdui Group intends to estab­lish itself as a market-leading EdTech provi­der in the field of commu­ni­ca­tion and messa­ging for schools and daycare centers in German-spea­king countries.
The company is active in all three count­ries of the DACH market with a broad product portfolio.
With the acqui­si­tion of FoxE­du­ca­tion, the Sdui Group serves a custo­mer base of 22,000 educa­tio­nal insti­tu­ti­ons throug­hout Europe.
Simi­lar to Sdui, FoxE­du­ca­tion also offers inno­va­tive solu­ti­ons to improve commu­ni­ca­tion between teachers, educa­tors, students and parents.
In the future, Sdui and FoxE­du­ca­tion will combine their exper­tise to further improve their products.
Both compa­nies also expect this to lead to stron­ger growth.
FoxE­du­ca­tion has alre­ady had three successful years of growth: the educa­tion plat­form was acqui­red by GoStu­dent in Septem­ber 2021 and grew by over 70 percent under the company’s management.
While FoxEducation’s growth repres­ents a signi­fi­cant achie­ve­ment for GoStu­dent, FoxEducation’s capa­bi­li­ties have evol­ved in a diffe­rent direc­tion than GoStudent’s core busi­ness of perso­na­li­zed tutoring.
For this reason, GoStu­dent has been able to leverage fewer imme­diate syner­gies with FoxE­du­ca­tion than with its broa­der port­fo­lio: TusMe­dia, Seneca and Studienkreis.
Deter­mi­ned to drive educa­tion forward through the use of tech­no­logy, the sale of FoxE­du­ca­tion to Sdui Group is a stra­te­gic move aimed at impro­ving commu­ni­ca­tion between schools, parents and students and streng­thening the EdTech ecosys­tem in the DACH region.
“The acqui­si­tion of FoxE­du­ca­tion is an important stra­te­gic move that signi­fi­cantly streng­thens the Sdui Group’s presence in the DACH region. With a growing, holi­stic product offe­ring, this exci­ting acqui­si­tion will enable Sdui to better serve educa­tio­nal insti­tu­ti­ons in German-spea­king count­ries and conso­li­date our posi­tion as the largest digi­ta­liza­tion part­ner for educa­tio­nal insti­tu­ti­ons in Europe.
The EUR 46 million we have raised in total will also enable us to conti­nue to invest in pionee­ring educa­tion tech­no­logy,” says Daniel Zacha­rias, foun­der and CEO of the Sdui Group.