GetCourse’s USD 50 Million Capital Raise

Bryan Cave Leighton Paisner advised Sergey Mikhaylov, a founder and the CEO of the GetCourse.

Sergey Mikhaylov secured a USD 50 m private equity deal with Goldman Sachs, Winter Capital Partners and Baring Vostok Capital Partners funds. 

Set up in 2014, the GetCourse platform is currently helping more than 20 thousand schools, teachers, coaches, educators and bloggers by providing a set of functional modules for creating online courses and educational websites, facilitating marketing activities and content sales, as well as email services and end-to-end analytical tools. The company’s GMV of USD 600 m in 2020 is on course to top USD 1 bn in 2021, placing it on a par with leading global online educational platforms.

Goldman Sachs is a leading global financial institution delivering a broad range of financial services across investment banking, securities, investment management, etc.

Winter Capital Partners is an investment fund focused on investing in technology companies in education, healthcare, financial and consumer services around the world, with over USD 1 bn in assets under management. 

The Baring Vostok funds focus on private equity investments in Russia and the CIS, having invested more than USD 3.7 bn over 27 years.

The project was led by Anton Sitnikov (Picture), BCLP Partner, Head of Corporate/M&A (Russia) and Mikhail Filatov, Senior Associate, Corporate/M&A. Other key BCLP team members who contributed to the project: Corporate/M&A: Associate Elena Shelomenzeva supported by Mikhail Kuznetsov and Marina Galitskaya; Tax: Anna Zelenskaya, Counsel, Head of Tax Advisory (Russia), Denis Khramkin, Senior Associate; Intellectual Property: Anton Nefedev, Counsel, Head of IP in Technology (Russia).

Involved fees earner: Mikhail Filatov – Bryan Cave Leighton Paisner; Denis Khramkin – Bryan Cave Leighton Paisner; Anton Nefedev – Bryan Cave Leighton Paisner; Elena Shelomenzeva – Bryan Cave Leighton Paisner; Anton Sitnikov – Bryan Cave Leighton Paisner; Anna Zelenskaya – Bryan Cave Leighton Paisner;

Law Firms: Bryan Cave Leighton Paisner;

Clients: Sergey Mikhaylov;

Author: Federica Tiefenthaler