Lin Education

Thought leader and preferred digital partner to the educational sector

Company details

Year Aquired

2017

Location

Sweden

Year Exited

2018

Sector

Education

Employees

Investment Themes

Changing Demographics

Contact

If you want to know more about Lin Education please contact Tommi Unkuri at: tommi.unkuri@summaequity.com

Lin is a specialized provider of digital devices and services to the Swedish school market with three business units – Solutions, Reuseit and Loops. Solutions is a reseller of digital tools with range of administration, insurance, support and pedagogical services. Reuseit is a “buyback” service and resale of used devices to new end-markets. Loops is a collaborative learning platform for schools and businesses.

 

Challenge

Digitizing education and education systems is a cumbersome process and the transformation has only just begun. Schools need help to find the best way to deploy new technologies in the classroom as well as managing a more complex work environment.

 

m
primary and upper secondary school students in Sweden
k
total number of students with Lin devices

 

How do we solve it?

Lin has developed a complete solution for digitizing the classroom together with teaching professionals tailored to the needs of school leaders, teachers and students. In addition, Lin helps schools manage the devices throughout the lifecycle as well as extending the average device life.

 

How do we improve?

In 2018, Lin entered Norway with a value proposition that is well developed and proven in Sweden. Although the challenges and needs are the same, there is no equivalent to Lin in the Norwegian market. For Lin, this is a significant growth opportunity while at the same time an opportunity to drive change in Norwegian education.

 

Value creation

Together with Summa, Lin’s value creation plan is built around three pillars; i) optimizing the core offering by further strengthening the Swedish position and expanding the rest of Nordics, ii) building out the Reuseit business unit to let it flourish, and iii) establishing the Software portfolio with Loops and Pluttra as a standalone business unit.

Year Aquired

2017

Year Exited

2018

Employees

Investment Themes

Changing Demographics

Sector

Education

Location

Sweden

Contact

If you want to know more about Lin Education please contact Tommi Unkuri at: tommi.unkuri@summaequity.com

Website

Video

SDG Alignment
SDG Wheel
SDG 4
SDG 12
KPI reporting
SDG 8

REVENUE (SEKm)

2018
+4%
555
2017
544
SDG 4

NO. OF LOOPS

2018
2k
2017
2k
SDG 4

Students use Lin Devices

2018
+35%
270k
2017
200k
SDG 12

NO. OF "BUYBACKS" DEVICES

2018
+22%
39K
2017
32k

Learn more about Lin Education

Xllnc acquires Lin Solutions

Summa Equity has decided to take the next step in focusing Lin Education’s operations. Lin Solutions – the business area that focuses on digital tools, with related services and pedagogy – is acquired by the independent IT company Xllnc. Summa Equity will remain as the main owner of the software business in Lin Software, and…

Read the story

Xllnc acquires Lin Solutions

Summa Equity has decided to take the next step in focusing Lin Education’s operations. Lin Solutions – the business area that focuses on digital tools, with related services and pedagogy – is acquired by the independent IT company Xllnc. Summa Equity will remain as the main owner of the software business in Lin Software, and...
Learn more