Eduthing enters pre-pack administration, protects 130 jobs and 600 school clients
What's the deal? Education-focused managed services provider Eduthing has undergone a pre-packaged administration, with Eduthing LtdDealroom has a profile for this one. Try Dealroom → agreeing to be acquired by associated business Eduthing Group. The transaction, managed by business recovery specialist Exigen, is intended to keep the company trading, safeguard 130 jobs, and maintain service for around 600 schools.
Why now? CEO and co-founder Luke Nicolaou said the Surrey-based firm was a "good business" that had gone through "an incredibly challenging period." The board tried to resolve its financial troubles outside a formal process but called in Exigen after the situation became "untenable."
The numbers: Founded in 2018, Eduthing reported fiscal 2026 revenue of £16.2m, driven by three acquisitions and organic growth. In 2025 it expanded into West Yorkshire and Essex by acquiring Trust IT and United Technologies, building on its 2023 purchase of Mint Support.
The layoffs: Nicolaou said headcount had been "slightly too high" and that the company had been cutting jobs and duplicated costs since January 2026. "It just came to a point where a few weeks back we decided we needed to go a bit harder than planned," he said.
What could go wrong? Many of the roughly 600 managed services customers pre-pay for services. Nicolaou said the firm is "honouring those contracts" and that the process was about "making sure schools continue to have a service and are not financially worse off because of it."
The endgame: Nicolaou pointed to external pressures, including changes to national insurance and business rates, and said the firm did not capture synergies from its acquisitions quickly enough. He said the restructuring forced directors to "step back and adapt to the changing market" and build "a strong platform for the future."
The signal: Joint administrator David Kemp said acting when it did let Eduthing secure a sale that "protected circa 130 jobs and delivered the best available outcome for creditors." His framing — that early action and restructuring options "maximise the position for all concerned" — underscores how acquisitive smaller MSPs remain exposed when cost pressures outpace integration.
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