Microequities says Global IT Factory is a fast-growing EdTech company with a growing list of Higher Educationand Vocational Education clients - and the the capital will support Global IT Factory in product development and market expansion.

“Global IT Factory provides a cost-effective Curriculum Management SaaS solution and associated services. These solutions empower educational institutions to enhance student experience, adapt to evolving market demands, improve educational quality, and boost student acquisition and retention. Global IT Factory has a proven record of serving higher education and vocational institutions in Australia, New Zealand, Singapore and the Middle East,” notes Microequities.

According to Microequities, Global IT Factory’s technology is now used by a number of prestigious Australian and international education institutions, and the company holds a 22% market share in the Australian and New Zealand market.

Microequities Chief Investment Officer, Carlos Gil said “We are delighted to invest in Global ITFactory, a fast-growing EdTech company in a rapidly expanding education software market. This marks our second investment in the higher education sector. Our previous investment in CourseLoop yielded a successful outcome, with the business scaling rapidly and subsequently acquired by ASX listed TechnologyOne, generating a 33% IRR.”

John Pham, CEO of Global IT Factory, stated, "This is the first external capital that Global IT Factory has taken on. Microequities is exactly the type of collaborative partner that we were looking for. We view our relationship with Microequities Asset Management as strategic in executing our business plan and realising our future growth potential."

Microequities Portfolio Manager of Private Assets, Andrew Ross stated, “We have been highlyimpressed with Global IT Factory’s technology platform which we believe is empowering educational institutions in a key area of their operations. Their significant traction with limited financial resources has been impressive, and we believe that our capital and expertise in driving growth will fast track their global aspirations. We intend to be a valuable long-term partner in
that journey.”

Aequo Partners acted as a corporate advisor to Global IT Factory on the transaction.