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Do the math: Private equity comes for edtech Maths Pathway Save Share Belay Capital has bought a majority stake in edtech Maths Pathway.  Craig Abraham Street Talk understands the Sydney-based buyout shop has taken a majority stake in local education technology business Maths Pathway, to help fuel the company’s local and international growth ambitions. Sources said Belay – which is run by ex-Miles Advisory operative Andrew Kloster and Etienne Alexiou – had signed a deal in the past week, buying out some of Maths Pathway’s early stage angel/impact investors. The PE firm paid about $12 million for just over half of the business, which valued it at $24 million. Maths Pathway’s founders Richard Wilson and Justin Matthys would hold onto the balance of the company’s shares on issue.

New south walesJustin matthysCraig abrahamAndrew klosterEtienne alexiouRichard wilsonBelay capitalMaths pathwayMiles advisoryபுதியது தெற்கு வேல்ஸ்ஆண்ட்ரூ க்ளோஸ்டர்ஈடியெந் அலெக்ஸியரிச்சர்ட் வில்சன்ப்ய்லே மூலதனம்