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14 July 2020

Catapult announces the sale of Oracle Care & Education

Catapult Ventures is delighted to announce the sale of Oracle Care & Education in a deal that generated a cash return of 3.4x for the Catapult Growth Fund.

Nick Wright, Catapult CEO said: “The fact that we were able to complete this transaction whilst in the middle of the Covid global epidemic demonstrates just how highly regarded Oracle Care has become in the UK education and care market. Since 2015 this is Catapult’s 14th profitable exit and our average cash multiple now stands at 4.65x.”

 

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