A Goodwin team in Germany and Luxembourg advised Bridgepoint Credit and other senior lenders in connection with an amendment to the financing for Studienkreis (an IK Partners portfolio company) in conjunction with the sale by IK Partners of Studienkreis, the market leader in centre-based tutoring in the DACH region, to GoStudent.
Bridgepoint Credit is the private credit platform of Bridgepoint Group that invests across the capital structure and risk-reward spectrum through three complementary strategies of Syndicated Debt, Direct Lending and Credit Opportunities.Bridgepoint Group plc is the world’s leading quoted private assets growth investor focussed on the middle-market with over €37 billion AUM and a local presence in the US, Europe and China.
IK Partners is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK.
GoStudent is one of the world-leading online tutoring agents and, with a €3 billion valuation, is Europe’s highest valued EdTech company.
Studienkreis is one of the leading private education providers in Germany. The company offers quality tutoring and school-accompanying lessons both online and on-site at more than 1,000 locations.
The Goodwin team was led by Winfried M. Carli (Munich) and included Yara Bevaart (Frankfurt), Alexandrine Armstrong-Cerfontaine and Elie-Raphael Soudry (both Luxembourg)
For more information please read the press release.