King & Wood Mallesons (KWM) advised NGC Nachfolgekapital GmbH (NGC), a subsidiary of MEDIQON Group AG, on the investment in speakeasy Group.
Together with the entrepreneurs Shervin Zamani and Fabian Kiechle who are active in the education sector, NGC established the company GfW Gesellschaft für Weiterbildung and acquired a stake in speakeasy Berlin GmbH and speakeasy Nord GmbH through a management buyout.
speakeasy is a fast-growing provider of German language courses and language certificates. Over 100 teachers give German lessons both in Berlin as well as in online courses. speakeasy customers include visa applicants, foreign students as well as expats and employees of international corporations.
NGC will drive the further growth of the group within the newly founded GfW Gesellschaft für Weiterbildung. The aim is to expand the educational offering by acquiring further medium-sized educational companies as well as the e-learning offerings.
NGC is an entrepreneurial investment company that invests capital for entrepreneurial families in German mid-sized companies. The anchor investor is the MEDIQON Group AG, which is a German listed company.
Advisors to NGC Nachfolgekapital GmbH:
Dr. Peter Polke (counsel), Dr. Michael Roos (partner), Simon Brandt (PSL) (all Corporate/M&A), Markus Hill (partner, Tax), Dr. Johannes Reitzel (counsel, Employment)