Let's Learn to Play ApS and Let's Learn to Play AB Announce Demerger

31. May, Sønderborg, Denmark

Let's Learn to Play ApS and Let's Learn to Play AB announced today that they will be demerging to pursue independent growth strategies. The demerger is expected to be completed on May 31, 2023, subject to regulatory approvals.

The companies SpeedAdmin ApS and PlayAlong AB merged in November 2020 and created the new company brand “Let’s Learn to Play”. The purpose was to combine their forces within Music and Art education, based on their passion for music and art education, creativity, and love of learning.

However, the management of both companies has decided that pursuing independent growth strategies will better position each company to capitalize on opportunities and address challenges unique to their respective customers. The demerger will enable each company to focus on its core business, and tailor its offerings to the needs of its customers.

Following the demerger, Let's Learn to Play ApS will change name back to the original SpeedAdmin ApS and continue delivering the SpeedAdmin system in all its current markets as well as offer the upcoming new version “SpeedAdmin Play!”.  

Let’s Learn to Play AB will change name to StudyAlong AB and continue delivering the StudyAlong and PlayAlong systems in all its current markets.  

The original ownership structure of both companies is restored and will revert to their pre-merger ownership configuration.

The demerger is expected to result in two strong, independent companies that are better positioned to serve and create value for their customers.

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