MBO of Altissia: Merodis acted as exclusive advisor of CLL Language Centres (UCL)

Merodis, an independent financial services firm focused on mergers and acquisitions, capital raising options and related financial advisory services is proud to announce that it successfully executed the partial sale of Altissia International to its management (Management buy-Out).

Founded in 2005, Altissia International (www.altissia.com) develops and markets elearning language solutions. The company, previously a wholly owned subsidiary of CLL (UCL, Université Catholique de Louvain), offers online courses in 5 languages: Dutch, English, French, German and Spanish. Thanks to the professionalism of the management and the effectiveness of the platform, Altissia International has been growing rapidly ever since. Nowadays, the company proudly serves a series of satisfied blue chip clients and public institutions.

Supported by long term private investors and led by CEO Nicolas-Louis Boël, the management of the company has taken the control of Altissia International on December 28th and will keep on focusing on its international expansion and on-going linguistic, pedagogical and technological improvements.