Azulis, Aquiti back Talis Business School in €23m deal
Private equity firms Azulis Capital and Aquiti Gestion have together acquired a substantial minority stake in France-based Talis Business School, a higher education schools operator, in a €23m owner buyout.
The transaction sees founder Serge Marcillaud remain the majority shareholder while Yves Hinnekint becomes the new director of the business.
The GPs will help the business complete external acquisitions, but also change its model towards a dual education system, which would integrate work experience during studies.
Azulis is currently investing via its Middle Market Fund V fund, which closed on €215m in 2017.
Company
Talis Business School operates nine higher-education schools in Bordeaux, Bayonne, Perigueux, Bergerac and Paris. The schools offer courses generally related to the services sector and will help students work in finance, marketing, HR and property management, among other fields.
Around 4,000 students are enrolled every year. The company generated revenues of €17m in 2018. Founded in 1981 and based in Bordeaux, the business employs 140 people.
People
Talis Business School – Yves Hinnekint (director).
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