- Tech & Product DD
Code & Co. provides Tech & Product Due Diligence to Trill Impact ahead of its majority-stake growth investment in karriere tutor, leading provider of advanced vocational online-based training
Digitalization and Industry 4.0 are the focus of karriere tutor’s digital learning offering, as these trends will shape the requirements of tomorrow’s job market and be crucial to successful reintegration into the labor market. Trill Impact intends to further expand the company’s digital education offering alongside the Company’s founder, Oliver Herbig.
In Germany’s current labor market, which is characterized by a shortage of skilled workers and continuous changes in professional profiles, karriere tutor provides graduates an excellent opportunity to strengthen their position and specialize their skillset with a combination of digital courses, individual online support, and intensive career counseling. karriere tutor has also recently started offering digital courses to improve the integration of refugees in Germany.
karriere tutor employs around 150 people and offers 800 certified online courses with professional development content. Looking ahead, Trill Impact and karriere tutor plan to further expand the digital course offering for government-funded professional training. Trill Impact will actively support further professionalization of the organization such as increasing the automation of business processes and workflows.
Scope of work
Code & Co. provided Tech & Product Due Diligence to Trill Impact ahead of the majority-stake investment, compiling an in-depth analysis of karriere tutor’s architecture and infrastructure, the company’s third-party and proprietary technology solutions, scalability, security, and team capabilities. Further, Code & Co. assessed the company's product-strategic growth opportunities. This transaction exemplifies Code & Co.’s sector expertise in deep-tech investments.
About Trill Impact
Trill Impact is a pioneering Impact House with more than EUR 1 billion in assets under management across its private equity and microfinance investment advisory strategies. As the exclusive investment advisor to the Trill Impact Fund, it employs a team of around 30 experienced professionals based in Sweden and Germany. Trill Impact aims to become a force for positive change and realize its vision of delivering real returns and lasting impact for the benefit of investors, businesses, and society at large.
About karriere tutor
karriere tutor is the leading provider of state-supported online vocational training that focuses of the job requirements of tomorrow. The company empowers people to realize their full professional potential by offering online courses that focus on skill improvements in digitalization- and Industry 4.0-related areas and help graduates to reintegrate into the labor market.
Code & Co. is an independent advisory firm specialized in advising funds in the global alternative investment industry. Our expertise is modern and holistic technology and product due diligence. From outside-in audits and confirmatory due diligence to portfolio audits, exit preparation, and vendor due diligence, we provide our clients with crucial insight across the entire investment life cycle.