IK Investment Partners has acquired a majority stake in Skill & You
Skill & You is a vocational e-learning provider with a market-leading position in France and Spain.
The company’s unrivaled portfolio of 220 courses covers a wide range of skills and occupations, including healthcare, child care, animal health, information technology and digital, accounting and administration, public service and construction. A large majority of these courses prepare learners for an internationally recognized diploma qualification.
As a member of the EdTech France association, Skill & You also plays a major role in fostering the development of e-learning in France.
IK is backing management’s vision to continue Skill & You’s strong organic growth, benefiting from positive industry trends. They will expand their presence in business-to-government (public sector) and business-to-business training, accelerate the development of the group internationally and increase mergers and acquisitions activity across Europe, building on the successful acquisition of Ilerna Online in 2018.
Eric Petco and Sonia Levy-Odier, joint Managing Directors of Skill & You, said, “Over the last three years, Skill & You has considerably overachieved its business plan objectives by taking advantage of the sound dynamics of the e-learning market while investing in its pedagogical content, its international development and by signing strategic partnerships, especially with French institutions. We are delighted with the change of scale that has been achieved with the support of the Andera MidCap team. We also look forward to starting a new collaboration with IK, which we believe is the ideal partner to further accelerate our development in France and Europe.”
Dominique Lecendreux, Managing Director at Lincoln, commented, “We are pleased to have advised IK in investing in such a successful leading e-learning player eager to pursue its international expansion.”
This is the sixth transaction in the education industry over the past year for Lincoln’s Business Services Group.
About IK Investment Partners
IK is a pan-European private equity firm. Since 1989, IK has raised more than €13 billion of capital and invested in over 140 European companies.
About Skill & You
Skill & You is a vocational e-learning provider with 120,000 students and 850 employees.
We were pleased to have Lincoln advising us on this transaction and assisting us in assessing international build-up opportunities.
Meet our Senior Team
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