Xplorer Fund Exits from Photon Entertainment
Deal News | Feb 03, 2025 | CEE Legal Matters
Xplorer Fund, a BRIdge Alfa fund, has completed its exit from Photon Entertainment, a company that operates in the EdTech industry. Photon Entertainment is renowned for creating and manufacturing the Photon educational robot along with a comprehensive ecosystem of educational tools, including kits, a portal aimed at the teacher community, and an academy offering various courses. The fund's exit was advised by SSK&W, a law firm, with Partner Szymon Syp leading the advisory team. The exit signifies a significant phase in Photon Entertainment's growth and positioning within the educational technology sector.
Sectors
- Education Technology (EdTech)
- Private Equity
- Legal Services
Geography
- CEE (Central and Eastern Europe) – The advisory firm involved, SSK&W, is covered by CEE Legal Matters, indicating the region's relevance.
Industry
- Education Technology (EdTech) – Photon Entertainment operates in the EdTech industry, developing educational robots and tools.
- Private Equity – Xplorer Fund, a BRIdge Alfa fund, represents the private equity aspect, involving investment and exit strategies.
- Legal Services – SSK&W provided legal advisory services in Xplorer Fund's exit from Photon Entertainment.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Xplorer Fund | Selling Company | Company | A BRIdge Alfa fund that invested in Photon Entertainment and subsequently exited. |
| Photon Entertainment | Target company | Company | An EdTech company known for developing the Photon educational robot and related educational products. |
| SSK&W Law Firm | Legal Advisor | Company | Provided legal advisory services for the exit, led by Partner Szymon Syp. |
| Szymon Syp | Partner | Person | A partner at SSK&W, who led the advisory team on the transaction. |