Michelmores advises the management team in XVR Simulation and LearnPro eFireservice MBO sponsored by Apiary Capital

Michelmores advises the management team in XVR Simulation and LearnPro eFireservice MBO sponsored by Apiary Capital

The Corporate team has acted for the management team in the Apiary Capital sponsored simultaneous management buy-outs of XVR of the Netherlands and LearnPro of the UK.

XVR’s virtual reality platform provides e-learning packages which can be combined with online management of compliance. It is a global leader in its field. LearnPro eFireservice specialises in e-learning software for the NHS and the fire & rescue sector.

Combined, XVR and LearnPro provide a platform for learning management, competency reporting and training via an immersive, Virtual Reality simulated environment. Together, the merged organisations already reach over 450 fire, police and health customers in more than 50 countries. They currently train in excess of 300,000 public sector personnel annually.

Edwin Richards who led the Michelmores team said:

“It was a pleasure to advise the management team as they begin this exciting new chapter for their business. The work they undertake is vital to the continual professional development and competency-building that is required for those in the emergency and health care services. The VR innovation in training is revolutionising the public sector and we look forward to seeing its positive impacts in other industries.”

Stuart Layzell, Chairman of the newly created group, said:

“Edwin and the Michelmores team were very helpful in providing clear and pragmatic advice to the investing management and founders in a complex transaction with international dimensions.”

Jeniv Shah of Apiary Capital commented:

“Michelmores played a key role in getting this transaction to completion and we are very pleased to have had them on the deal.”

The Corporate team was supported by Sacha Pickering and Katie MacLean in banking, and James Baker in employment.

EVENTS
Technology and Innovation
Lessons from Leading Women Tech Entrepreneurs

Michelmores has partnered with Women in Telecoms & Technology (WiTT) to celebrate women entrepreneurs working in the tech sector. Delegates will have the opportunity to...

EVENTS
Tech Transactions Masterclass: navigating the impact of new digital regulation on contracting and the supply chain
Tech Transactions Masterclass: navigating the impact of new digital regulation on contracting and the supply chain

Hosted and sponsored by Michelmores and organised by the SCL Tech Transactions Group. Join SCL’s Technology Transactions Group on 28 November 2024 for a half day event focusing on how...

EVENTS
mainstream
MAINstream Pitch Event

Applications for this pitch event close on 14 November. If you are interested in joining the network and attending our events please email mainstream@michelmores.com for further details....