Lead Forensics

PORTFOLIO

Avantis: supporting an ed-tech specialist

Helping expansion into international markets, with a focus on the USA

Avantis is an innovative provider of virtual reality-based learning technology

Deal type
  • Management buyout

Founded in 2007, Avantis has delivered its diverse portfolio of learning products to tens of thousands of schools in more than 90 countries worldwide. It has also developed the world’s first virtual reality (VR) system designed for classrooms.

Immersive education

Since the introduction of the multi award-winning classroom solution ClassVR, Avantis has made significant inroads into the field of augmented and virtual reality in the K-12 classroom. ClassVR is a complete system of hardware, software, content and teacher controls that immerses students in a wide variety of augmented and virtual reality experiences, sparking creativity and improving pupil engagement.

With the launch of Avantis World; the world’s first educational VR theme park and Eduverse; a safe and secure K-12 Metaverse platform, the company is set to drive significant growth in new market segments and territories.

Supporting an international expansion plan

In August 2022, LDC invested in Avantis to support the existing management team, led by Founder Nik Tuson and Managing Director Huw Williams, to further enhance its suite of products and services and continue Avantis’ international expansion.

Former Texthelp CEO Mark McCusker joined the board as Non-Executive Director as part of the transaction. A previous LDC portfolio company, Texthelp is a market leading international education and corporate software provider that grew revenues 40% and expanded across the US during an 18-month partnership.

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It’s been fantastic to see so many schools globally embrace the power of virtual reality and we’re excited to be working with LDC to support our next phase of growth. LDC’s sector experience from supporting leading ed-tech businesses like Texthelp was crucial when choosing a private equity partner to support our vision.”
Huw Williams, Managing Director
Avantis