Frankfurt, 08 September 2020. HMKW University of Applied Sciences for Media, Communication and Management (HMKW) joins the university network of the French group AD Education (ADE). HMKW is active at three locations across Germany with almost 2,000 students. ADE is an association of French, Italian and Spanish universities with a total of more than 15,000 students. With the acquisition of HMKW, AD Education enters the German higher education market.
Prior to the transaction, ADE consisted of 11 universities with 33 locations across France, Italy and Spain. ADE primarily offers study programs within the fields of design, communication, art and culture. With its three locations in Germany, HMKW will contribute its extensive, high-quality teaching capabilities and is looking forward to the interchange with ADE.
With this transaction, AD Education further improves its market position in Europe and sets the base for further growth in the German market.
Kévin Guenegan, Président at AD Education states: “In order to enter the German market we were looking for a financial advisor with strong sector expertise. We chose ACXIT because of their excellent knowledge of the German higher education landscape. I would like to thank the ACXIT team for their outstanding work and for helping us to acquire HMKW – the perfect fit for ADE in the German market.”
ACXIT Capital Partners acted as exclusive financial advisor to AD Education Holding. Financial terms of the transaction were not disclosed.
About AD Education
AD Education is an international network of institutes united around strong values, sharing the same ambition of creativity and innovation. The AD schools network offers higher education courses in fields with a high level of specialization in luxury, design, animation, video games, heritage, gemology, perfume, communication and digital. AD Education provides schools with the academic, managerial and material resources that give them the means to develop major academic projects in their respective fields of study. New institutions regularly join AD Education, which will quickly become the largest European network of arts, design, communication and digital schools.
About HMKW
HMKW University of Applied Sciences for Media, Communication and Management was founded by an experienced team of higher education professionals in 2008. HMKW is a private, state-approved university with institutional accreditation by the German Council of Science and Humanities. All of its degree programs are additionally accredited by FIBAA (international agency for quality assurance in higher education). HMKW is active at three locations across Germany: in Berlin, Cologne and in Frankfurt (Main).
About ACXIT
ACXIT Capital Partners is a leading international corporate finance and financial advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, we offer our clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, debt and strategic advisory. As an independent, privately owned firm we maintain offices and representations in Frankfurt, Berlin, Munich, Zurich, Hong Kong and New York as well as strong alliances in the UK, France and India.
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