SafetyCulture’s Acquisition Of EdApp

Herbert Smith Freehills has advised SafetyCulture on the strategic acquisition of EdApp.

EdApp, founded in 2015 by Darren Winterford, services Australian and global clients including the United Nations Institute for Training and Research, Mars, Deloitte, Shell and Pandora. EdApp currently delivers approximately 50,000 lessons per day across more than 90 countries.

This acquisition follows a series of investments by SafetyCulture into EdApp, most recently a A$1million convertible note investment in early 2020. SafetyCulture’s acquisition of EdApp was fast-tracked to respond to increased demand for training in the face of the Covid-19 pandemic. Darren Winterford and the EdApp team will now join the SafetyCulture Group, and will continue to develop and expand the EdApp platform and services. With the backing of SafetyCulture, EdApp will now offer a free version of its training platform globally to businesses of all sizes.

The Herbert Smith Freehills team was led by partner and Head of Venture Capital Peter Dunne (Picture) and solicitor Myra Beal.

Involved fees earner: Myra Beal – Herbert Smith Freehills; Peter Dunne – Herbert Smith Freehills;

Law Firms: Herbert Smith Freehills;

Clients: SafetyCulture;

Author: Michael Patrini