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
Managing PartnerVienna, Austria
OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.Learn more
Ace Pharmaceuticals has been acquired by Gilde Buy Out Partners, Gilde Healthcare and Quadrum Capital
Ace Pharmaceuticals BV has been acquired by Gilde Buy Out Partners, Gilde Healthcare, Quadrum Capital and the management team.Learn more
Argon Corporation has been acquired by Spectra
The private shareholders of Argon Corporation have sold the company to Spectra Aerospace and Defense, LLC (Spectra), a platform formed by Vance Street Capital.Learn more