LernQuadrat has been acquired by Studienkreis GmbH
The Zimmermann family, shareholders of LernQuadrat, have sold the company to Studienkreis GmbH.
Headquartered in Vienna, Austria, LernQuadrat (Bildungsmanagement GmbH) is the market leader in private education with over 11% market share but still with a tremendous growth potential. The company was founded in 1997 and currently operates around 80 branch offices (approximately 50% are own subsidiaries and around 50% are franchise partners) all over Austria with over 10,000 customers and 2,000 tutors. LernQuadrat also offers tutor and teacher training. The company has experienced strong double-digit growth over the past years and achieved revenues of US$13.2 million with an EBIT of US$1.2 million.
Founded in 1974, Studienkreis is a private tutoring company with headquarters in Bochum, Germany. About one third of its approximately 1,000 locations is operated as a franchise. In 2017, the company was acquired by IK Small Cap I Fund (IK Investment Partners).
Oaklins' team in Austria acted as the exclusive financial advisor to the Zimmermann family in this transaction.
Talk to the deal team
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreBezeq Online has been acquired by One Software Technologies
Bezeq Online has been acquired by ONE Software Technologies Ltd., enabling ONE Technologies to offer innovative solutions through full integration of advanced technology, real-time data analysis and proven service capabilities nationwide. ONE Technologies’ goal is to develop the next generation of service solutions, including AI-based tools, automation, multi-channel digital services and advanced CRM systems, all designed to deliver a continuous, accurate and effective customer experience.
Learn more