Global private equity firm Levine Leichtman Capital Partners (LLCP) is to invest in Schülerhilfe, an operator and franchisor of site-based and online tutoring in the DACH region in partnership with company CEO, Dieter Werkhausen, and the existing management team.
Terms of the transaction, which will see Oakley Capital, Schülerhilfe’s previous financial sponsor since 2017, exit its investment, have not been disclosed.
Founded in 1974 and headquartered in Gelsenkirchen, Germany, Schülerhilfe offers tutoring services aimed at improving students’ academic outcomes and progression, along with an expanding range of adult education offerings. With its tailored small-group and one-on-one tutoring sessions, it has become the leading operator and franchisor of site-based and online tutoring in the DACH region, supported by a network of around 1,200 centres.
Schülerhilfe is the second investment for the Levine Leichtman Capital Partners VII fund, and LLCP’s latest in multi-unit and education businesses, following Mander Portman Woodward, Tropical Smoothie Cafe, GL Education, Hand & Stone, Nothing Bundt Cakes, Suveto, Improve International, Skill Dynamics, Therapeutic Research Center, Squla, and CJ Fallon.
Milbank LLP served as legal counsel to LLCP on the transaction.
