FSN Capital has entered into an agreement to divest Vindora to AcadeMedia, Northern Europe´s largest education company. Vindora is a leading Swedish education provider, primarily active in the upper secondary segment, with a market leading position in apprentice based vocational education. ABG Sundal Collier has been advisor to FSN Capital.
Vindora is an education company within practical and vocational training and with a unique model that creates opportunities for young people and adults to get work. The group includes Praktiska Gymnasiet, Movant and Hagströmska Gymnasiet. Praktiska Gymnasiet focuses on practical upper secondary education with 33 schools in Sweden. Praktiska Gymnasiet educates the labor force for the future by alternating both theory and practice within its education. Movant is focused on vocational adult education in, among other things, Building and Construction, Electricity and Energy and Vehicles and Transport, and is currently available at ten locations in Sweden. Hagströmska Gymnasiet has three upper secondary schools with a theoretical and practical orientation, with the opportunity to combine education with different sports orientations. Vindora had a turnover of SEK 833 million and an EBITDA of about SEK 100 million in 2016.