Leeds Equity Partners, a specialist investor in the educations sector, has acquired Endeavor Schools. Endeavor operates 37 schools in 9 states and educates more than 6,400 students from preschool through high school.
Endeavor was founded by its CEO 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 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. Endeavor is actively seeking to acquire and build new schools in its core markets. The company is headquartered in Miami (www.endeavorschools.com).
“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 Mr. Campo.
Leeds Equity Partners is focused exclusively on investing in the education, training and information services industries. The firm was founded by Jeffrey Leeds and Robert Bernstein in 1993 and has raised and managed more than $1.5 billion of capital across six funds. The firm is located in New York (www.leedsequity.com).
“We have gotten to know Ricardo over the past three years and have watched him and the Endeavor team continue to deliver on their plans to expand Endeavor across the US 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.”
The acquisition of Endeavor is the fourth transaction for Leeds Equity Partners VI LP, the firm’s most recent fund.
© 2018 Private Equity Professional | February 22, 2018