Paris, 13th October 2017 – Jolt Capital portfolio company Skill and You acquired French online job training platform Educatel.
Jolt Capital invested €6.7m in online education & training business Skill and You in 2016 as part of a larger €21m financing with Access Capital Partners and 21 Centrale Partners.
The bolt-on will give the combined business more than 100,000 students, offering more than 200 training courses through its online platform.
Skill and You has also recently acquired new training courses in specialised fields such as mechanics, personal development, dietetics and animal psychology.
In July Jolt Capital reached a €72m close of its third fund, which it plans to use to invest between €7m and €15m in six or seven companies.
About Jolt Capital
Jolt Capital SAS is an independent Private Equity firm investing in fast growing, profitable, globally-oriented technology companies of European origin, with revenues between €10m and €100m. Jolt Capital has invested in and catalysed various champion technology companies, including Heptagon (now part of SIX:AMS), Inside Secure (EUR:INSD), Fogale Nanotech, Alpha Mos (EUR:ALM), Blackwood Seven and Skill and You. Jolt Capital is currently managing an excess of €130m. The firm is authorized and regulated by the AMF. For more information, consult www.jolt-capital.com.
About Skill and You
Skill and You is the leading provider of vocational e-learning in France with its commitments to innovation and professionalism. Employment is a major issue today, and Skill and You is positioned to deliver to learners real results and qualifications (BAC PRO, BEP, BP, BTS, CAP) via our effective pedagogy and adaptable learning technology. Leveraging our group’s experiences and deep knowledge, we’ve built a strong track record of successful schools across sectors, empowering learners to change their lives. For more information, consult group.skillandyou.com.