Client
Transaction
Sale of 100% sharesInvestor
Date
2023Transaction advisory to Master English on the sale of WordDive in a joint venture with Otavamedia
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Company information
WordDive, a prominent Finnish EdTech brand, specialises in cutting-edge, entirely digital, and personalised language learning solutions for both foreign language acquisition and preparation for matriculation examination language courses. The company’s journey began in 2010 with the introduction of WordDive’s online courses, and in 2014, they expanded their offerings with the launch of the WordDive mobile app. This app is built upon their proprietary, patented technology, enabling a unique and highly efficient learning experience. Demonstrating strong growth, WordDive has achieved profitable expansion in recent years, boasting an impressive annual revenue exceeding two million euros.
Investor information
Within its diverse portfolio, Otavamedia oversees the publication of a remarkable 25 magazine titles, many of which have secured dominant positions in their respective Finnish markets. Diversifying its offerings, the company has also risen to prominence as a leader in content marketing and customer communication, further solidifying its position as Otavamedia OMA, the foremost entity in this field within Finland.