Leeds Equity Closes Sixth Fund

Leeds Equity Partners has closed its sixth investment fund, Leeds Equity Partners VI LP, above its target of $750 million. Leeds Equity is focused exclusively on investing in the education, training and information services industries.

“We are grateful not only for the capital commitments of our investors, but also for the engagement they exhibit, which we value enormously,” said Jeffrey Leeds, President of Leeds Equity.  “The successful fundraise for Leeds VI is a result of the commitment the firm maintains to investing in and with the highest quality companies and management teams, and deploying all of our resources, particularly our team’s experience, expertise and active support, to help build value.”

The firm has already committed 40% of the new fund’s capital and has closed on five investments including Dalton Education, a Suwanee, GA-based provider of Certified Financial Planner education and exam preparation services, that was acquired in July 2017; Endeavor Schools, a Miami-based operator of 37 schools (preschool through high school) in 9 states, acquired in February 2018; Exterro, a Beaverton, OR-based provider of information governance and e-discovery software, acquired in June 2018; Fusion Education, a Grand Rapids, MI-based operator of 43 middle and high schools that offer individualized education to more than 4,000 students, acquired in November 2017; and Simplify Compliance, a Brentwood, TN-based provider of governance, risk and compliance services to healthcare, human resources, financial services and telecom professionals, acquired in December 2016.

Leeds Equity was founded by Jeffrey Leeds and Robert Bernstein in 1993 and is headquartered in New York (www.leedsequity.com).

FocusPoint (www.fpcgllc.com) and Bridge Haven (www.bridgehavenllc.com) acted as advisors and placement agents to Leeds Equity and Debevoise & Plimpton (www.debevoise.com) provided legal services.

© 2018 Private Equity Professional | June 14, 2018

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