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Benchmark International Successfully Facilitated the Transaction Between MyKnowledgeMap Limited and Everfield UK Ltd
April 22, 2024
Benchmark International is pleased to announce the acquisition of York-based MyKnowledgeMap by London-based Everfield.
MyKnowledgeMap provides competency assessment, ePortfolio and digital credentialing software to universities and professional bodies across the UK, Australia, and the US. It has a particular focus on medicine, nursing, and midwifery faculties. Founded in 2000, MyKnowledgeMap has grown to have 24 employees and thousands of end users worldwide.
Everfield buys, builds, and grows European vertical market and specialist software companies, providing them with the tools they need to move to the next level. The deal is Everfield's 15th acquisition in Europe and its third in the UK.
For MyKnowledgeMap, the acquisition is set to support further growth for the company across the university sector and expand its overseas footprint.
MyKnowledgeMap's Adam Doyle will continue as chief executive of the company, with the deal providing an exit for founder and majority shareholder Robert Arntsen.
Adam Doyle, chief executive at MyKnowledgeMap, said: "Joining forces with Everfield marks a significant milestone in our journey. It's a unique opportunity to accelerate our mission in creating best-in-class learning technology for leading educational institutions and training organisations around the world.
"While maintaining our focus on business as usual, we will increasingly expand our impact, reach new markets, and drive forward the evolution of learning technology. This strategic direction will enable us to capitalise on new opportunities while upholding our commitment to service excellence."
Nicki Berrange, acquisitions manager at Everfield, said: “We're delighted to bring MyKnowledgeMap into the Everfield ecosystem. MyKnowledgeMap's niche expertise in healthcare e-assessment and e-portfolio platforms, combined with its seasoned team and deep expertise, aligns seamlessly with our strategic objectives, promising an exciting path ahead."
Henning Schreiber, head of acquisitions for Everfield, added: "MyKnowledgeMap is a great business that has developed a comprehensive portfolio of learning technology platforms to support university faculties and their students.
"We're looking forward to supporting Adam and his team, providing them with the operational support and resources to achieve further growth in the UK and beyond."
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