Code & Co.

• Academy is Germany’s leading partner for driving schools in the areas of invoicing, factoring, driving instructor training, and franchise services.
• Academy plans to work with ECM to further increase its range of services and the added value for its clients and to grow with new clients.
• ECM will support the board of directors and the long-standing management team in the further development of ACADEMY.
• Code & Co. led Tech & Product DD for the investor.

With its three business units, the ACADEMY Group covers the entire value chain within the driving school market. The demand for professional services in the driving school market is continuously increasing and thus offers further growth potential for the Group.

As the leading specialist in invoicing services and factoring for driving schools with an annual factoring volume of around €170 million, DATAPART forms the core of the Group. The Group has established a number of other services around this offering and along the entire value chain in the driving school market in order to meet the need of driving schools for a ‘one-stop shop’.

With its 25 years of experience, ECM acts as a true partner for management teams and founders in the sustainable development of companies. ECM functions as an active sparring partner and contributes its broad functional know-how, its network and, if required, additional capital.

Code & Co. provided Tech & Product DD ahead of ECM’s investment in Academy. Our assessment focused on Academy’s technical capabilities, future growth prospects, its potential to attract new clients, and its ability to expand its product range from both a technical and product-strategic standpoint.

This venture is another example of why investors rely on Code & Co. for its diversified expertise in tech investments.