The purpose of the company is the planning and organization of further and continuing education, consulting for associations, federations, companies and scientific societies in the field of further and continuing education as well as the acquisition, holding and management of participations. The company may acquire, exploit, manage and dispose of intellectual property rights, establish subsidiaries and branches at home and abroad and, in addition, carry out all legal acts that the purpose of the company may entail or that are suitable for promoting its development or that of group companies. The company may grant direct or indirect financing to third parties, including companies in which it is directly or indirectly involved, its direct or indirect shareholders as well as companies in which these are directly or indirectly involved, either by means of loans or other financing, including within the framework of cash pooling agreements, and may also provide securities of any kind for their liabilities, including by means of pledges on or fiduciary transfers of the company's assets or by means of guarantees of any kind, whether for a fee or not.