Houlihan Lokey Advises Everway

Houlihan Lokey is pleased to announce that Everway, a portfolio company of Five Arrows, has acquired MatchWare, a leading enterprise mind mapping software provider. The transaction closed on 25 July 2025.

Founded in 1992, MatchWare provides companies, governments, and NGOs with mind mapping, project management, and business productivity software. Its flagship products, MindView and MeetingBooster, are designed to provide customers with the tools necessary to optimise and measure productivity.

Everway was formed in March 2024 through the merger of n2y and Texthelp, creating a global category leader in assistive technology within education and workplaces. Backed by Five Arrows, Everway serves individuals across the neurodiverse spectrum, from early learners to adult professionals.

Martin McKay, Founder and Executive Chair of Everway, commented, “MatchWare has more than 30 years of experience in the mind mapping industry, with a strong focus on helping those with additional learning needs. We have worked closely with them over the years, and this next step in our partnership will enable us to deliver even greater value to our customers across education and the workplace in a seamless and integrated environment.”

Ulrik Merrild, CEO of MatchWare, commented, “This partnership allows us to leverage Everway’s global footprint and cutting-edge technology, strengthening how we support our customers.”

Houlihan Lokey served as the exclusive financial advisor to Everway and Five Arrows. This transaction exemplifies Houlihan Lokey’s market-leading position in the European K-12 sector where featured transactions include the sale of CPOMS to Raptor Technologies, Empowering Learning Group to THI Investments, itslearning to Sanoma Learning, Vision for Education to LDC, Clio to Egmont and Impero Holdings to Investcorp, together with the investment in Twinkl by Vitruvian Partners, as well as the acquisitions of Tute Education by Outcomes First Group, Wordwall by Queen’s Park Equity, and the investment in The Key by CBPE.*

*Selected transactions were executed by Houlihan Lokey professionals while at other firms acquired by Houlihan Lokey or by professionals from a Houlihan Lokey joint venture company.

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