UI Investissement, a leading private equity firm, announced the acquisition and combination of ISTEC and EEMI, two higher education institutions, specializing in business and marketing for the former and technology for the latter. Founded by Jacques-Antoine Granjon (Veepee), Xavier Niel (Free) and Marc Simoncini (Meetic, Jaïna, Angell), EEMI is a pure player in digital training that has become a reference on the web in less than 10 years. Ranked in the top decile of French business schools, ISTEC is a member of the prestigious Conférence des Grandes Ecoles.
Avolta Partners has acted as M&A advisor to EEMI on this transaction. Backed by UI, ISTEC and EEMI are pooling their expertise to offer a new range of management, business and digital training courses. Alongside the management teams, UI will be involved in structuring the project and developing synergies that will improve the training of graduates.
