Berlin/Vienna, April 7, 2026 – E-Learning Group GmbH (ELG), a portfolio company of Round2 Capital, will become part of Sefera GmbH. The transaction creates a strong provider in digital and hybrid higher education, with a clear focus on scalability, internationalization, and future skills.
Within the Sefera Group, E-Learning Group will continue to operate as an independent business unit, responsible for the development, marketing, and delivery of scalable online degree programs. The group is complemented by additional specialized units, including LUNEX University and Ambis University, which offer high-quality on-campus degree programs in their respective home markets of Luxembourg, the Czech Republic, and Slovakia. Round2 Capital will remain a growth investor in ELG and continue to support the expansion of the group on its path to becoming a leading European provider of future-oriented higher education.
A Strong European Platform with Growth Potential
With six higher education institutions, four European accreditations, and more than 15,000 students, the combined group forms one of the largest platforms for part-time higher education in Europe. The joint portfolio of more than 100 degree100-degree programs combines the international academic expertise of Cognos International with ELG’s digital capabilities, creating flexible and scalable education offerings across eight subject areas.
Clear Focus on Future Skills and Labor Market Relevance
For more than 10 years, E-Learning Group has developed study programs for working professionals under the guiding principle “Making People Smarter.” Through university partnerships and its own state-recognized private universities – Brand University of Applied Sciences and the German University of Applied Sciences – ELG offers more than 120 bachelor’s, master’s, and certificate programs. The programs are flexible, practice-oriented, and consistently aligned with the demands of modern labor markets. The academic offering ranges from traditional disciplines such as business administration, HR, and project management to high-demand future-oriented fields such as artificial intelligence, data science, computer science, and sustainability.
Synergies and Internationalization as Key Growth Drivers
The integration creates synergies across product development, marketing, sales, and technology, strengthening the group’s position in its core European markets. The combination of digitally scalable education offerings and regional on-campus universities forms a hybrid business model with high flexibility for both students and corporate partners. The group aims to achieve sustainable growth through international expansion, organic growth, and targeted acquisitions. To support this strategy, Sefera plans to bring in additional investors, with a focus on market expansion, buy-and-build initiatives, and the further development of digital learning formats—particularly leveraging AI technologies.
Gerd Sumah, Partner at Round2 Capital, said: “ELG is an outstanding example of sustainable growth within a highly scalable digital business model. The integration into the Sefera Group marks the next stage of development – creating a European education platform that is highly attractive to both students and investors.”
About E-Learning Group (ELG)
E-Learning Group is a leading education group for digital and part-time study programs in the DACH region. Under the guiding principle “Making People Smarter,” the company has been developing flexible and practice-oriented education and training programs for working professionals for over ten years.
For more information: https://fernstudium.study/
Press Contact
Manuel Fink
Head of Corporate Communications & Marketing, ELG E-Learning Group GmbH
fink@e-learning-group.com
+43 676 960 96 40
About Round2
Round2 Capital is a pan-European growth investment firm with EUR 170m assets under administration. Based in Vienna, the firm is a strong partner for European scale-ups and companies with digital and sustainable business models. Since its foundation in 2017, Round2 Capital has been a pioneer of revenue-based financing in Europe and is active across several European countries with both revenue-based financing and growth equity investments. To date, Round2 Capital has invested in 42 software and technology scale-ups across 9 countries.
Press Contact Round2
Julian Bejer
jb@round2cap.com
+43 150 300 34
