Alantra advises Unigestion on the acquisition financing for the mobility education and training business unit of Springer Nature
SECTORTechnology
ServiceDebt Advisory
Frankfurt – Alantra has advised Unigestion on the acquisition financing of Springer Nature’s business for mobility education and training solutions via a carve-out. The parties agreed to keep information of the transaction confidential.
Headquartered in Geneva, Unigestion is an independent specialist asset manager providing innovative, tailored solutions for investors worldwide. Unigestion has a global presence that extends across Europe, North America, and Asia.
Springer Nature is a leading scientific publishing group headquartered in Berlin, that works on advancing science and education globally through brands such as Springer, Nature, BMC, Palgrave Macmillan, and Scientific American. The Company was formed in May 2015 through the merger of Nature Publishing Group, Macmillan Education and Springer Science+Business Media.
Headquartered in Munich, Springer Fachmedien München is known in the individual markets for its strong brands such as Verlag Heinrich Vogel, Codes Rousseau and Etrasa.
The businesses will be integrated into the newly established TecVia Group. This divestment enables Springer Nature to strategically focus on its business in the areas of research, education, health and professional.
The TecVia Group is the leading pan-European provider of content and software solutions for driver’s license training and the education and training of commercial drivers. With its software solutions, TecVia maps the workflows of its customers and supports them in their daily business along their entire value chain. The company is also active in the growing market for driving simulators with its own software and specific hardware concepts.
Philipp Scheier, Partner at Unigestion, commented on the transaction: “The attractive financing package structured by Alantra provides us with the flexibility to follow our investment strategy. We would like to thank the Alantra team for their excellent debt advisory services.”
Maximilian Rohardt, Partner for Debt Advisory in Alantra’s Frankfurt office, added: “We would like to congratulate the Unigestion team on an outstanding deal and thank them for their trust. Despite a challenging market environment, we have been able to structure an attractive senior bank syndicate.”
