Shearman & Sterling advised EQT Mid-Market Credit Fund (EQT) on the financing of the acquisition of Studienkreis, a German private tutoring service provider, by IK Investment.

Studienkreis, founded in 1974, is headquartered in Bochum and operates a network of over 1,000 learning centers that offer small group tutoring to 60,000 primary and secondary school students across Germany. 

EQT is a leading alternative investments firm with approximately €37 billion in raised capital across 25 funds. EQT funds have portfolio companies in Europe, Asia and the United States with total sales of more than €19 billion and approximately 110,000 employees. 

The Team