Multiverse, Europe’s only EdTech unicorn and largest AI upskilling platform, has completed the acquisition of StackFuel, Germany’s leading provider of data and AI training. The transaction marks a significant step in Multiverse’s European expansion strategy and accelerates workforce transformation in Europe’s largest economy.

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IEG – Investment Banking Group exclusively advised the founders and shareholders of StackFuel on the successful sale to Multiverse.

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Headquartered in Berlin, StackFuel has established itself as a trusted upskilling partner for large enterprises including Mercedes-Benz, IAV and Telefónica, delivering high impact data and AI programmes with a best-in-class programme completion rate of 92%. The company was founded by Leo Marose and Stefan Berntheisel, who will both join the senior leadership team of the combined organisation to ensure continuity and support further growth in Germany.

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Together, Multiverse and StackFuel aim to train 100,000 workers in Germany in AI skills, supporting workforce transformation at scale and contributing to Germany’s ambition to become an AI nation by closing the AI and data skills gap.

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Executive Statements

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Leo Marose, Co-founder and CEO of StackFuel: "Joining forces with Multiverse now gives us the resources to deliver critical training necessary for workers at an even larger scale, matching the urgency of the challenge. For this reason, we as founders decided to combine our strengths with Multiverse."

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Mirko Heide, Managing Director at IEG, commented: "StackFuel has built a highly attractive and scalable platform at the intersection of AI, data, and workforce transformation. We are pleased to have supported the founders and shareholders in steering a highly competitive and successful M&A process. This transaction underscores the strong momentum and we expect continued consolidation as corporates and investors increasingly prioritize scalable and measurable upskilling solutions across Europe."

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The Partners

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IEG - Investment Banking Group is a leading global technology investment bank focused on M&A, financing, and asset management. With a local presence in key international growth regions and emerging markets, IEG serves as a unique, influential, and entrepreneurial partner for growth companies and large international corporations. Founded in 1999, IEG has successfully completed over 200 transactions with approximately 50 technology investment bankers worldwide. For more information, visit ieg-banking.com.

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Multiverse is the upskilling platform for AI and tech adoption. Multiverse has partnered with over 1,500 companies to deliver a new kind of learning that’s transforming the workforce through tech skills. Multiverse apprenticeships are for people of any age or career stage and focus on critical AI, data and tech skills. Multiverse learners have driven $2bn+ ROI for their employers, using the skills they’ve learned to improve productivity and measurable performance.

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StackFuel is Germany's online training partner for data and AI skills. It works collaboratively with Germany's most successful companies and leverages its industry experience and expertise to develop outstanding practice-oriented training programs for data and AI skills. This enables companies to master the data and AI revolution through their employees and provides job seekers with the skills they need to confidently enter data and AI professions, available online in either German or English.