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Skill & You Acquired by Andera Partners

August 30, 2018

Paris – Paul Hastings LLP, a leading global law firm, announced today that it has advised the shareholders of Skill & You (21 Centrale Partners, Access Capital Partners, Jolt Capital, Alma Learning Group, and Capital Transmission and the management team led by Eric Petco and Sonia Levy-Odier) in connection with the LBO of the group by Andera Partners, alongside Omnes Capital as minority co-investor. LGT European Capital has provided a unitranche financing to support this acquisition.

A leader in the French e-learning market, Skill & You has more than 540 employees, including 210 teaching professionals, and aims to achieve €70 million in revenue during 2018. Over the past two years, Skill & You has experienced steady growth, with a catalog of more than 200 training programs attended by nearly 100,000 students.

The acquisition of the majority stake of Skill & You by the Winch Capital 4 fund, which is managed by Andera Partners and its co-investors, will allow to Skill & You to continue its development in France and abroad.

The Paul Hastings team was composed of corporate partner

 with associate  as well as tax partner  with associate .

Andera Partners was advised by DLA Piper and LGT European Capital by Jones Day. Orsay Avocats advised the management team on their reinvestment.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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