Isatis Capital completes its exit from Parnasse Education

Established in 2018 following the acquisition of activities by Mathilde Andrade from the Cartesia group (at the time of Isatis Capital’s investment), Parnasse Education is the French leader in preparatory courses for post-baccalaureate entrance exams, admissions based on academic records, and baccalaureate preparation.

The Group's preparatory offering is structured around its two flagship brands : Les Cours du Parnasse, which supports high school students in preparing for Parcoursup, and Admissions Parallèles, which prepares university students for the entrance exams of top business schools. The company, which has built its success on a top-tier educational offering, provides high-level training for the most prestigious competitive exams, including Sciences Po Paris, leading business schools, engineering schools, and more. Additionally, the Group offers intensive courses for high school students from sophomore to senior year, covering all subjects required for the baccalaureate.

Since Isatis Capital joined the company’s shareholding structure, Parnasse Education has continued to expand its educational offering by diversifying its course portfolio (including French baccalaureate preparation and medical entrance exam prep), while also investing in its LMS to further strengthen the Group’s digital learning approach.

As part of this new transaction, the current management team, led by Mathilde Andrade, remains fully engaged operationally to carry out the company’s ambitious development projects. With this investment, Generis Capital and Ardian Growth reaffirm their commitment to supporting the critical mission of education and student success in higher learning.

"We are very pleased to have supported Parnasse Éducation through a key structuring phase of its development, during the carve-out from the Cartesia Group. With Parnasse Education, Isatis Capital completes its second successful exit in the education and training sector, following the sale of Next Group to Cegos, further demonstrating its expertise in this field," said Yonathan Elmalem, Managing Partner, Isatis Capital.

Selling Investors

• Isatis Capital : Yonathan Elmalem, Nicolas Bugy

Acquiring Investors

• Ardian Growth : Pierre Schaeffer, Noa Amzallag
• Generis Capital Partners : Thibaut de Roux, Corentin Saunois

Advisors

• M&A Advisor : Edmond de Rothschild Corporate Finance – Thomas Hamelin, Victor Auguin-Rougier, Etienne Ceccaldi
• Financial Advisor to the Sellers : Crowe HAF – Thomas Corbineau, Julien Latrubesse, Alexis Duchêne
• Financial Advisor to the Buyers : Oderis – Thomas Claverie, Quentin Gautier, Clara Cheliout, Clémence Gaillard
• Legal Advisor to the Sellers : Lamartine Conseil – Fabien Mauvais, Corentin Graff
• Legal Advisor to the Buyers : Chapter Avocats – Julien Proffit, Alexandre Soares

Isatis Capital is an independent management company that has been investing in equity for 20 years alongside ambitious entrepreneurs looking to grow their SMEs. As a long-term investor, Isatis Capital takes either minority or majority stakes and brings its expertise to support business growth.

A signatory of the UN Principles, the iCi initiative, and a member of the Task Force on Climate-Related Financial Disclosures (TCFD), Isatis Capital is committed to ESG principles both in its operations and in its investment activities.

The firm manages €480 million in assets, through various funds dedicated to institutional clients or distributed via private banks and independent financial advisors.