IK to acquire French e-learning company Skill & You
February 5, 2021
IK Investment Partners has agreed to buy a majority stake in vocational e-learning group Skill & You from Andera Partners. The company is the developer of 220 courses serving 120,000 students in France and Spain. It generated nearly €115 million of sales last year. The investment will be made through IK's IX Fund, which closed on €2.85 billion in May. Andera Partners first backed Skill & You in 2018.