Herbst Kinsky, working with Frankfurt-based Skye Partners, has advised Invision AG on the acquisition of the Austrian EduPRO Group from Luxempart German Investments S.A. Orrick's Dusseldorf office reportedly advised EduPRO on the deal.
The acquisition was carried out together with the management of the eduPRO Group. The closing of the transaction is subject to approval by the Austrian and German antitrust authorities.
According to Herbst Kinsky, “since its foundation in 1997, Invision AG, based in Switzerland and Germany, has successfully developed into one of the leading investment companies for corporate succession and growth financing for medium-sized companies in Europe. During this time, Invision has invested in over 60 companies and achieved a sustainable increase in value.”
The EduPRO Group, headquartered in Vienna, operates in the field of further education and qualification as well as adult education. The group primarily offers services for vocational qualification measures in Austria, Hungary, and Germany.
Herbst Kinsky’s team was led by Partner Christoph Wildmoser and included Attorneys Carl Walderdorff, Valerie Mayer, Constantin Hofer, and Christoph Ludvik and Assocaites Beatrice Bluemel, Elisabeth Fitzek, Matthias Konrad, and Anna-Maria Minihold.