INVESTMENT YEAR
2006
REALISATION YEAR
2013
SECTOR
Technology
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Supplier of library and asset management software

MLS supplies library and asset management software solutions to primary and secondary schools and colleges.

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A special edition: doubling turnover for library software supplier

Since investment in 2006, MLS executed an impressive growth strategy, which saw the company take market share, launch innovative new products and start building a global footprint. At point of exit turnover had almost doubled, with the company values, culture and dedication to providing best in class systems and services being maintained throughout.

In 2013 MLS was acquired by Capita Plc where it will continue to operate on a standalone basis, with support to invest in new solutions to meet the ever-changing needs of schools.

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MLS timeline

1982 MLS established, developing new and innovative products centred on engaging students, parents and teachers to improve reading and literacy
2006 Livingbridge back a management buyout, providing funds to exploit the business’s dominant position in a strong growth market
2007-2013 Chairman appointed to support executive team. Suite of MLS products broadened with ‘ebooks’ and the Reading Cloud added to the stable
2013 MLS is successfully sold to Capita Plc