We are pleased to announce the successful close of CONSTELLATION Capital’s single-asset continuation fund for CONSTELLATION Academy Group, securing total commitments of approximately €100 million.
The Fund secured commitments from investors led by Committed Advisors, acting as sole lead investor, with Asante Capital Group serving as exclusive global fundraising adviser on the transaction.
The Fund acquired CONSTELLATION Academy from CONSTELLATION V and its associated co-investment vehicle, providing the group with an extended holding period and additional capital to support the rollout of new locations and the continuation of its disciplined Buy & Build strategy. As one of Germany’s leading adult-education platforms, CONSTELLATION Academy operates more than 200 locations nationwide, alongside online and blended delivery. Since CONSTELLATION’s initial investment, the platform’s revenue and EBITDA have grown more than tenfold, with several add-on acquisitions lined up for 2026 to support its continued expansion and ambition to become the market leader in German adult education.
About CONSTELLATION Capital
CONSTELLATION was founded in 1992 as a privately-owned Swiss investor group located in Freienbach, at Lake Zurich. CONSTELLATION executes a buy & build strategy, which focuses on majority ownerships in small-cap, asset-light companies based in Switzerland, Germany and Austria within the Business Services, Education & Lifestyle and Healthcare sectors. With an extensive circle of renowned and experienced industry partners, CONSTELLATION pursues an active value-creating investment approach at eye level with entrepreneurs.
About Asante
Asante Capital Group is a leading independent private equity placement and advisory group. Founded in 2010, the firm has offices in London, New York City, Hong Kong, Munich, and Los Angeles. The team of over 80 professionals has advised on over $165 billion of successful private capital raisings across the globe, raising capital from North American, European, Middle East, and Asia-Pacific-based investors. Asante specializes in GP advisory and fundraising support across primary, direct, and secondary investments.