Sandbox & Co Acquires PlayKids and Leiturinha from Movile
February 1, 2022
London-based Sandbox & Co acquired Brazilian children's edutainment platform PlayKids (including Leiturinha) from majority owner Movile. As part of the deal Movile will become a minority investor in Sandbox, and PlayKids CEO Guilherme Martins will lead Sandbox's expansion into Latin America.
- Buyers
- Sandbox & Co
- Targets
- PlayKids, Leiturinha
- Sellers
- Movile
- Industry
- Education
- Location
- Sao Paulo, Brazil
- Transaction Type
- Buyout
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