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State: 17.08.2024 | 11PM
Wed, 21.08.2024       EQT
SE0012853455

EQT invests in Compass through the MMG fund

MELBOURNE, Australia, Aug. 21, 2024 /PRNewswire/ -- Compass (or the "Company"), a leading K-12 vertical SaaS software company, and EQT, a purpose-driven global investment organization, today announced the signing of definitive agreements under which EQT will invest in the Company to support its ongoing growth, product development and innovation.

Founded in 2010 and headquartered in Melbourne, Australia, Compass is a full-suite, cloud-based school management platform for the K-12 education market. Compass is today used by more than 3,000 schools and over 4 million parents, teachers, and students, and has recently expanded to provide its innovative education solutions to users in Ireland and the UK. Compass offers a variety of management solutions for individual state schools, private independent schools, enterprise education dioceses and State and Territory education departments.

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