Studienkreis
Status
Realised
Country
Germany
Strategy
Small Cap
Sector
Entry
Dec-17
Exit
Jun-23
Fund
IK SC I
Website
News
EdTech unicorn GoStudent to acquire DACH’s ...IK Investment Partners to support Studienkrei...
Leading German provider of offline and digital tutoring services for primary and secondary school students
Since its inception in 1974, Studienkreis ("the Company") has developed into a leading provider of online and offline tutoring services in the German market. At the time of exit, Studienkreis operated a dense network of over 1,000 learning centers, offering small group tutoring to around 60,000 primary and secondary school students across the DACH region, covering all common subjects as well as preparatory courses for pre-graduation exams.
The Company is a digital forerunner in the tutoring market, being the first to provide online tutoring since 2011 and offering market-leading digital services such as on-demand live chat support, thousands of award-winning digital learning videos and exercises as well as live digital classes.
IK Partners acquired Studienkreis from Aurelius Equity Opportunities in December 2017 and sold to GoStudent in June 2023.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Improve utilisation, performance and profitability of existing tutoring centres;
- Continue to grow organically through the acquisition of new centres;
- Expand into adjacent geographies and verticals; and
- Continue driving a focused digitalisation strategy.