DJ Jacobs Holding to acquire ILERNA
Jacobs Holding AG / Key word(s): Takeover
Jacobs Holding to acquire ILERNA
2024-07-18 / 10:00 CET/CEST
=----------------------------------------------------------------------------------------------------------------------
Jacobs Holding to acquire ILERNA
Lleida/Zurich/Paris, 18 July 2024 - Jacobs Holding is pleased to announce the acquisition of ILERNA, Spain's leading
provider of official vocational education from Skill & You, a portfolio company of IK Partners ("IK"). Alongside the
company's management team and employees, Jacobs Holding will support ILERNA in building on its leading position,
helping it to expand its innovative education offering and making its qualifications accessible to an even broader
range of people. The investment in ILERNA is strongly aligned with Jacobs Holding's strategy to invest in European
champions in the Education Sector, one of its three focus sectors.
Founded in Lleida, Catalonia, in 2014, ILERNA is the leading player in the Spanish vocational education space with over
46,000 students. The organization offers a wide range of online courses designed to meet the evolving needs of both
students and employers. In recent years, ILERNA has developed a physical presence with 11 centers providing onsite
instruction to complement its comprehensive online offering. With the support of Jacobs Holding, ILERNA will further
enhance its educational programs, expand its curriculum, promote advanced technological tools, and extend its physical
footprint. ILERNA has been a subsidiary of the French Skill & You Group since 2019. Skill & You was acquired by IK in
2021.
Tim Franks, CEO, and Justin Lewis-Oakes, Managing Director, of Jacobs Holding commented: "We have identified vocational
education as a highly attractive sector within the European education landscape and Spain as a highly dynamic market
with significant further growth opportunities. The online segment provides access to education for a broad demographic
of students who are able to upskill flexibly around existing life commitments in order to enhance their long-term
career opportunities. We are excited to back industry leading ILERNA in its next stage of growth, and to partner with
co-founders Jordi Giné and Virginia Agelet, two accomplished and innovative leaders in the space."
Jordi Giné Llorens, CEO of ILERNA, said: "We would like to thank IK Partners for their continuous support over the past
three years. It has been a tremendous journey with a tripling of the size of the group and new campuses in Barcelona,
Cordoba, Jerez, Lleida, Madrid, Tarragona, Seville, and Valladolid. We would like to welcome Jacobs Holding on board.
They have unmatched experience in the global education sector and will provide further support for our next phase of
ambitious development."
Rémi Buttiaux and Diki Korniloff, Partners at IK, added: "ILERNA's growth achievements stand as a testament to the
remarkable leadership of its management team. We wish them well for their next growth phase with Jacobs Holding and
look forward to seeing ILERNA thrive in its next chapter."
Media contacts:
For Jacobs Holding:
Lemongrass Communications, Andreas Hildenbrand
andreas.hildenbrand@lemongrass.agency
+41 44 202 52 38
For IK Partners:
Vidya Verlkumar
vidya.verlkumar@ikpartners.com
+44 7787 558193
=----------------------------------------------------------------------------------------------------------------------
Additional features:
File: JAG_240718_English_final
=----------------------------------------------------------------------------------------------------------------------
End of Media Release
=----------------------------------------------------------------------------------------------------------------------
1948665 2024-07-18 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1948665&application_name=news&site_id=dow_jones%7e%7e%7ef1066a31-ca00-4e1a-b0a4-374bd7d0face
(END) Dow Jones Newswires
July 18, 2024 04:00 ET (08:00 GMT)
© 2024 Dow Jones News