M&A Deal Summary

Avathon Capital Acquires Shorelight

On January 1, 2020, private equity firm Avathon Capital acquired education company Shorelight

Acquisition Highlights
  • This is Avathon Capital’s 5th transaction in the Education sector.
  • This is Avathon Capital’s 5th transaction in the United States.
  • This is Avathon Capital’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2020-01-01
Target Shorelight
Sector Education
Buyer(s) Avathon Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Shorelight

Boston, Massachusetts, United States
Shorelight creates life-changing experiences for international students. Shorelight builds meaningful partnerships with top U.S. universities and skilled counselors. Shorelight inspires students to be exceptional leaders in a globally-connected world. Shorelight was founded in 2013 and is based in Boston, Massachusetts.

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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 5 of 10
Sector (Education) 5 of 10
Type (Buyout (LBO, MBO, MBI)) 2 of 4
State (Massachusetts) 1 of 2
Country (United States) 5 of 10
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Hudson Global Scholars

Columbia, Maryland, United States

Hudson Global Scholars is a global education technology and services provider to independent K-12 schools and their families. Hudson Global Scholars was founded in 2019 and is based in Columbia, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 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.

Buy -