Deal Announcement

goetzpartners advised IK Investment Partners on its acquisition of Studienkreis

23. November 2017

goetzpartners has advised IK Investment Partners ("IK") on its acquisition of Studienkreis GmbH ("Studienkreis" or "the Company"), a leading provider of tutoring services for primary and secondary school students in Germany from Aurelius, a Munich-based private equity firm.

Since its inception in 1974, Studienkreis has developed into one of the leading providers of tutoring services on the German market. The Company operates a dense network of over 1,000 learning centres, offering small group tutoring to c. 60,000 primary and secondary school students, covering all common subjects as well as special preparatory courses for pre graduation exams. The Company has further developed a true online offering, comprising the Studienkreis App supporting students with their homework and tutoring schedule.

“Studienkreis has a distinctive successful concept and a proven track record. Together with the highly experienced management team, we are looking forward to supporting the Company’s future success as they continue to grow their network and their tutoring offering,” said Anders Petersson, Partner at IK Investment Partners and advisor to the IK Small Cap I Fund.

IK has retained goetzpartners as financial advisor. This transaction further underlines our swift transaction execution as buy-side M&A advisor.

The transaction is expected to close within December 2017, conditional upon merger control approvals.

About IK Investment Partners

IK Investment Partners is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than EUR 9bn of capital and invested in over 110 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well positioned businesses with excellent long-term prospects.

goetzpartners Team

Dr. Gernot Wunderle
Managing Partner
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Daniel Bentrup
Director
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Felix Sehardt
Associate
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