M&A Deal Summary

Avathon Capital Acquires Galileo

On April 1, 2021, private equity firm Avathon Capital acquired education company Galileo

Acquisition Highlights
  • This is Avathon Capital’s 6th transaction in the Education sector.
  • This is Avathon Capital’s 6th transaction in the United States.
  • This is Avathon Capital’s 1st transaction in California.

M&A Deal Summary

Date 2021-04-01
Target Galileo
Sector Education
Buyer(s) Avathon Capital
Deal Type Recapitalization

Target

Galileo

Oakland, California, United States
Galileo offers STEAM-oriented summer enrichment programs at local neighborhood schools. The company’s programs provide pre-K to rising 8th graders in facing challenges with creativity and confidence. With a mission to develop innovators who envision and create a better world, it offers programs in Northern California, Southern California, Chicago, and Denver. Galileo was founded in 2002 and is based in Oakland, California.

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Buyer(S) 1

DESCRIPTION

Avathon Capital is a private investment firm focused on majority or minority investments in mid-sized US-based companies. The Firm is a generalist investor and seeks businesses with clear growth opportunities and strong product/market fit. Avathon looks to commit $10 to $50 million per transaction. Avathon Capital is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 6 of 12
Sector: Education M&A 6 of 11
Type: Recapitalization M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 6 of 12
Year: 2021 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Shorelight

Boston, Massachusetts, United States

Shorelight provides educational services that support international students in achieving academic and professional success. The company offers recruitment, enrollment, and student success programs in collaboration with prominent U.S. universities. Shorelight was founded in 2013 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Edvance

Austin, Texas, United States

Edvance serves as the partner and advocate for member-based organizations, academic institutions, and students. The company ensures students have access to affordable, in-demand programs that provide valuable skills and credentials. Edvance is based in Austin, Texas.

Buy -