Leeds Equity Partners LLC is investing in Endeavor Schools LLC. Financial terms weren’t announced. Endeavor, of Miami, owns and operates 37 private preschool to 12th grade schools in the U.S. Goodwin Procter provided legal advice to Leeds Equity Partners. Kramer Levin Naftalis & Frankel, along with Tezner Arrieta, served as legal counsel for Endeavor.
PRESS RELEASE
NEW YORK, Feb. 20, 2018 /PRNewswire/ — Leeds Equity Partners, LLC, the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced today that it has invested in Endeavor Schools, LLC (“Endeavor” or the “Company”). Endeavor operates 37 schools in 9 states and educates more than 6,400 students from preschool through high school. Terms of the transaction were not disclosed.
The acquisition of Endeavor is the fourth deal for Leeds Equity Partners VI, LP, Leeds’s most recent fund.
Endeavor was founded by Ricardo Campo in 2012 with the acquisition of two schools outside of Atlanta. Since then, the Company has partnered with over 20 different school owners and operators to create a network of high quality schools across the U.S. The Company’s mission is to partner with great educators and provide them with the tools, infrastructure, leadership, guidance and support they need to produce extraordinary outcomes and experiences for the children and families they serve.
“Ricardo and his team have an unwavering focus on educational quality” said Scott VanHoy, Managing Director of Leeds Equity Partners. “The Company empowers educators to reach their highest potential. We could not be more excited about this new partnership.”
“Leeds Equity has, without doubt, incomparable sector experience; but it also has an extraordinary history of committing in word and in deed to working side-by-side with enterprises to help them grow and constantly innovate and improve. We look forward to a rewarding partnership that will benefit our students, their families, our educators and staff,” said Ricardo Campo, founder and CEO of Endeavor.
“We have gotten to know Ricardo for over the past three years and have watched him and the Endeavor team continue to deliver on their plans to expand Endeavor across the U.S. while enhancing the Company’s educational offering,” said Christopher Mairs, Principal of Leeds Equity Partners. “We are thrilled to formalize our partnership with the team at Endeavor and to provide support for their mission over the coming years.”
Goodwin Procter served as legal counsel to Leeds Equity Partners. Kramer Levin Naftalis & Frankel, along with Tezner Arrieta served as legal counsel for Endeavor.
About Endeavor Schools:
Headquartered in Miami, FL, Endeavor owns and operates 37 high quality, private preschool to 12th grade schools in the US, with schools in California, Florida, Georgia, Minnesota, Nevada, North Carolina, Ohio, Oregon and Texas. The schools operate under 17 different local brands and include 19 Montessori schools. The Company is actively seeking to acquire and build new schools in its core markets.
For additional information on Endeavor Schools, see https://www.endeavorschools.com/
About Leeds Equity Partners:
Leeds Equity Partners, LLC, is a New York-based private equity firm focused exclusively on investing in the education, training and information services industries (the “Knowledge Industries”). The firm was founded in 1993 and has raised and managed more than $1.5 billion of capital across six funds. The Board of Advisors of Leeds Equity Partners is chaired by Timothy P. Shriver, who is also Chairman of the Board of the Special Olympics.
For additional information on Leeds Equity Partners, see http://www.leedsequity.com/
Source: https://www.pehub.com/2018/02/leeds-equity-invests-endeavor-schools/
Powered by WPeMatico
Comments are closed.