Eureka Education has acquired Groupe Icadémie

Financière de Courcelles advises the shareholders of Groupe ICADEMIE, French leader in Distance Learning and Mix-Learning, in its merger with Eureka Education

Three months after Naxicap Partners took a majority shareholding of Eureka Education, one of the main market players in Higher Education and Professional Education, Eureka Education acquires Groupe Icadémie, a leading French awarding e-learning expert.

Founded in 2006, Icadémie is an Education group specialised in e-learning with a large panel of Undergraduate and Graduate programs in various areas: Human Resources, Marketing & Communication, Management, Finance, Real Estate, IT, Web Development, Languages, Sport, Wellness, Fashion, Design… Icadémie trains more than 4,000 students per year through its fully integrated platform using more than 87,000 pedagogic videos. Icadémie has 6 campus in France (Paris, Lille, Aix en Provence, Toulon, Toulouse and Angers) and realises a turnover of €17m.

Eureka Education, a group organised in three divisions: Silvya Terrade (aesthetics, cosmetics schools), Euridis Business School (Sales and Business Development) and SupTertiaire (Real Estate), continues to expand through M&A, confirming its ambition in the digitalisation of its degrees. Eureka Education is now having more than 16,000 students, with 70 locations in France and Switzerland. The group is about to reach €80m revenues in 2021 and becomes a leading market player in Higher Education in France.

Financière de Courcelles team is proud to have advised this transaction which allows Groupe Icadémie to accelerate its development, joining a leading Higher Education group, providing its Digital Learning expertise, a major challenge for Education.