Frankfurt am Main, 5 May 2022
The private equity team of SKYE PARTNERS has provided legal advice to Invision on the acquisition of the Austrian eduPRO Group from Luxempart German Investments S.A. The acquisition was carried out together with the management of eduPRO Group.
The closing of the transaction is still subject to approval by the Austrian and German antitrust authorities. The parties have agreed not to disclose the terms of the transaction.
The eduPRO Group, located in Vienna, is one of the leading European companies in the fields of continuing education and qualification as well as adult education. The eduPRO Group mainly offers services for vocational qualification measures in Austria, Hungary and Germany through its operating companies, primarily ipcenter and Weidinger & Partner in Austria along with Mikro Partner and bb Gesellschaft für Beruf + Bildung in Germany. With over 1,000 employees and trainers, the group offers a diverse range of educational measures for more than 20,000 course participants annually at over 85 locations.
The experienced management team of eduPRO Group, partly consisting of the original founders of the group companies, will now continue the successful path together with Invision.
Since its foundation in 1997, Invision has successfully developed into one of the leading investment companies for corporate succession and growth financing for mid-sized companies in Europe. During this time, Invision has invested in over 50 companies and has achieved sustainable value growth. Invision sees itself as an entrepreneurial partner of founders, entrepreneurs and management teams. In its engagements, Invision places particular emphasis on understanding the specific needs of companies and entrepreneurs and developing individual solutions.
SKYE PARTNERS’ team specialized in private equity has continuously advised Invision since 2020 and now advised Invision again on the acquisition of eduPRO Group. The legal advice included all legal, structural and antitrust matters. For the acquisition financing, SKYE PARTNERS again relied on the expertise of Michael Kohl, lindenpartners.
SKYE PARTNERS, Frankfurt am Main: Christoph O. Breithaupt (lead) Julia Rosigkeit, Lisa Schulte and Lukas Schobert (all M&A / Private Equity), Dr. Marius Fritzsche and Dr. Luca Rawe (Pusch Wahlig Workplace Law – Labor Law), Bettina Carr-Allinson (BCA-Law, – IP/IT Law), Dr. Jochen Deister (DMZ Legal – Data Protection), Dr. Frank Bayer (FRB-Tax), Dr. Christoph Herrmann (Herrmann legal – Antitrust), Dr. Christoph Wildmoser, Carl Walderdorff, Dr. Valerie Mayer Dr. Constantin Hofer, Dr. Christoph Ludvik, Dr. Beatrice Blümel, Elisabeth Fitzek, Anna-Maria Minihold (Herbst Kinsky), Dr. Jörg Stoye, Dr. Johannes Jäger, (HFK Rechtsanwälte)
Acquisition financing: Michael Kohl (lindenpartners)
Advisors Luxempart German Investments S.A. and management:
Orrick Herrington & Sutcliffe LLP, Frankfurt am Main: Dr. Sven Greulich, Carsten Bernauer, Dr. Johannes Rüberg
Freimüller/Obereder/Pilz, Wien, Österreich: Mag. Michael Pilz
Wien, Österreich: Mag. Kamen Sirakov
Christoph O. Breithaupt – SKYE PARTNERS
Tel: +49 69 9999938-22
About SKYE PARTNERS:
SKYE PARTNERS (www.skye-partners.de) is active since February 1, 2018 as a transaction law firm, specializing in corporate law, venture capital, private equity and restructuring. With more than 25 years of international experience in corporate transactions, we use state-of-the-art software technology to form and coordinate bespoke teams for our clients’ complex transactions. Thereby, SKYE PARTNERS already developed a growing network of more than 400 legal advisers at 17 locations in the major jurisdictions of Europe, America, Asia and the Middle East.
SKYE PARTNERS uses only those colleagues who are perfectly suited to the respective client, both professionally and personally, and with whom long-standing contacts already exist.
The knowledge of our clients, their business and the industries and markets in which they operate is the basis for generating added value for our clients. We share this knowledge with our global cooperation partners and thus offer modern, integrated and global consulting at the highest level.
Our clients include leading private equity firms, venture capital funds, investment banks and companies across a range of industry sectors, including healthcare, services, consumer products, software & technology, ITC & TMT, SAS, e-commerce and digital entertainment