Learnship receives investment to fuel global expansion
Frankfurt, 19 January 2018. Learnship, a global leader in the field of digital foreign language training for corporations, announced that THI Investments, a German firm with EUR 1.5 billion in assets, acquired a majority stake in Learnship and as part of the transaction invested EUR 10,000,000 in the company.
The investment will help accelerate Learnship’s expansion plans to grow its full-service language training solutions around the globe. Learnship empowers international companies to offer continuous education through its proprietary learning platform and high-quality online and on-site training services offered at a competitive cost. Learnship intends to expand its product portfolio further to include intercultural training and language coaching.
Founded in Germany in 2008, Learnship has since expanded across Europe and, since 2015, has also operated in the United States. With an average growth of 40% over the last five years, Learnship teaches employees of over 2,000 clients, including leading brands such as Amazon, Bertelsmann, Nestlé, Puma, Roche and Volvo, in 75 countries.
Mihir Kotecha, CEO of THI Investments, stated: “B2B education is a strong global growth market within the service sector. Because of the rapid development of digital technology and the growing and diversified training demands of global companies, the market has been in a state of constant transformation for years and presents many opportunities. Learnship has seriously impressed us with its development strategy, having created both a unique infrastructure and innovative products for effective, global business training.”
Learnship founders Sushel Bijganath and Thomas Sonntag stated “We are pleased to have found an entrepreneurial experienced partner in THI, who shares our fascination with digital training, and wants to work together with us to establish Learnship as the undisputed innovation and market leader – not only in Europe, but also globally. We would also like to express that we are extremely pleased with the excellent work by the ACXIT team which has been a trusted partner throughout the entire transaction process.”
Jörg Binnenbrücker, Founder & Partner of Capnamic Ventures, adds “It is a fantastic result for everyone – for Learnship as well as the shareholders. With THI we have found a strong partner for Learnship, that aims to realize the company’s potential to emerge as the leading global provider of corporate online language training.”
ACXIT Capital Partners acted as exclusive financial advisor to Learnship Networks GmbH and its shareholders in this transaction.
ABOUT THI INVESTMENTS
THI Investments is a Single Family Office founded in January 2016. THI’s vision is to be a Multi-Asset investor which aims to create wealth and diversify risk over the long term. THI’s goal is to be prepared for, but also thrive with, the changes and challenges of the future through an entrepreneurial portfolio of investments into progressive, innovative and growing companies. THI is headquartered in Stuttgart. (www.thi-investments.com)
ACXIT Capital Partners is a leading independent corporate finance and investment advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1998, ACXIT offers its clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, equity/debt and strategic advisory. As an independent, privately owned firm we maintain offices and representations in Frankfurt, Berlin, Munich, Leipzig, Zurich, Hong Kong and New York, as well as strong alliances in France and India. (www.acxit.com)