Mustard Seed + Partners, alongside Jacobs Holding AG and ILERNA's co-founders, has invested in ILERNA, Spain's leading vocational education provider, to enhance educational programs and expand access for students.

Information on the Target

ILERNA is a premier provider of vocational education in Spain, headquartered in Lleida, Catalonia. Established in 2014, ILERNA currently boasts over 46,000 students, offering a diverse array of online courses tailored to meet the demands of both students and employers. In addition to its extensive online offerings, ILERNA has expanded its physical presence with 11 centers that provide onsite instruction, thereby enhancing the educational experience for its learners.

The organization has experienced substantial growth since becoming a subsidiary of the French Skill & You Group in 2019, particularly under IK Partners’ ownership following their acquisition of Skill & You in 2021. With the recent investment from Mustard Seed + Partners and Jacobs Holding AG, ILERNA aims to further enrich its educational programs, broaden its curriculum, and adopt advanced technological tools to better serve its students.

Industry Overview in Spain

The vocational education sector in Spain has seen notable expansion in recent years, driven by an increased demand for professional qualifications and training initiatives aimed at reducing unemployment and a

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Mustard Seed + Partners, Jacobs Holding AG

invested in

ILERNA

in 2024

in a Growth Equity & Expansion Capital deal

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