Mayer Brown advises Skolae Group on the acquisition of a majority block of M2i shares
Paris - Mayer Brown advised Skolae group, a leading network of higher education establishments in France, via its subsidiary Eductive SAS, on the structuring of the acquisition of a majority block of M2i shares from Prologue.
The acquisition of the majority block of M2i shares by Skolae (60%) will be followed by a simplified tender offer for M2i shares at a price of €8.50 per share.
M2i, which is listed on Euronext Growth, is a leading provider of training in IT, AI, management and soft skills, with more than 2,850 face-to-face, e-learning, blended-learning, virtual classroom and COOC programs. M2i offers its 4,200 customers its own certification and diploma courses, as well as the largest branch network with 35 centers across France.
This combination with Skolae, a key player in the training sector, will enable M2i to considerably strengthen its continuing professional training offering and to base its development on one of the largest networks of schools in France, delivering more than 45 RNCP (French National Directory of Professional Certifications) qualifications.