Grey has advised the owner in connection with the sale of the shares in Omniglot AB to Tellusgruppen AB.
In 2015, Omniglot was one of the first private players on the market to offer mother tongue teaching and study guidance. With 200 dedicated teachers who speak over 70 different languages, Omniglot has today around 60 customers, which consist of both municipal and independent primary as well as secondary schools in Sweden.
Tellusgrupen is a long-term owner of companies in the education- and childcare sectors. The group currently operates 27 preschools and seven primary schools.
The shares in Tellusgruppen are listed on Nasdaq First North Growth Market. By re-investing in the Tellusgrupen’s shares, the seller of Omniglot becomes the second largest owner in Tellusgruppen