PMSI supports ParentPay’s acquisition of SchoolHire
ParentPay Group, a leading provider of software, and payment solutions for schools, is pleased to announce that it has completed the acquisition of School Hire Lettings Limited (“SchoolHire”).
SchoolHire provides a specialist online booking and payment platform that enables schools and other educational organisations to efficiently manage the hire of facilities such as sports halls, astro-pitches, swimming pools, and meeting spaces. The platform helps schools maximise the utilisation of their assets while simplifying administration, and improving the experience for customers.
The acquisition extends ParentPay Group’s existing ecosystem of education-focused software and payment solutions.
PMSI provided CDD to support the transaction. Our work included an assessment of the UK lettings market and remaining whitespace available to SchoolHire, analysis of the competitive landscape and price benchmarking, as well as a comprehensive customer referencing exercise to demonstrate SchoolHire’s market differentiation, value proposition and overall customer satisfaction.
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