Investment Summary

New Harbor Capital, Deerpath Capital Management and Avante Capital Partners Invest In Blueprint

On April 13, 2018, private equity firm New Harbor Capital, lender Deerpath Capital Management and mezzanine finance firm Avante Capital Partners invested in education company Blueprint

Investment Highlights
  • This is New Harbor Capital’s 3rd, Deerpath Capital Management’s 2nd and Avante Capital Partners’ 3rd transaction in the Education sector.
  • This is New Harbor Capital’s 13th, Deerpath Capital Management’s 10th and Avante Capital Partners’ 23rd transaction in the United States.
  • This is New Harbor Capital’s 3rd, Deerpath Capital Management’s 2nd and Avante Capital Partners’ 5th transaction in California.

Investment Summary

Date 2018-04-13
Target Blueprint
Sector Education
Investor(s) New Harbor Capital
Deerpath Capital Management
Avante Capital Partners
Deal Type Growth Capital

Target

Blueprint

Manhattan Beach, California, United States
Blueprint is a LSAT test preparation provider in U.S., offering in-person and asynchronous online courses, private tutoring, self-study materials and application consulting services. Blueprint’s live classroom instruction is offered in 25+ locations in eight states around the country. Blueprint leverages a unique edutainment-oriented content creation capability and the latest adaptive learning technology to support individualized study plans. Blueprint was founded in 2005 and is based in Manhattan Beach, California.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 3

Investor
DESCRIPTION

New Harbor Capital is a lower middle-market private equity firm focused on investing in and acquiring profitable, growth-oriented companies. New Harbor seeks opportunities in the healthcare services, education, and business services sectors and looks to invest $10 to $40 million per transaction. The Firm prefers control investment situations and typically looks to fund growth capital financings, management buyouts, and recapitalizations. New Harbor Capital was established in 2013 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 13 of 22
Sector: Education M&A 3 of 4
Type: Growth Capital M&A Deals 2 of 6
State: California M&A 3 of 5
Country: United States M&A 13 of 22
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 Fyzical Therapy & Balance Centers

Sarasota, Florida, United States

Fyzical Therapy & Balance Centers is a franchisor and operator of physical rehabilitation centers with an emphasis on balance therapy, medical-based fitness, and wellness programs. Fyzical Therapy & Balance Centers was founded in 2012 and is based in Sarasota, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 PT Solutions

Atlanta, Georgia, United States

PT Solutions is a provider of physical therapy services through stand-alone, outpatient physical therapy clinics, hospitals, physician groups, and other partners. PT Solutions was founded in 2003 and is based in Atlanta, Georgia.

Sell -
Investor

Deerpath Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Lender
Founded 2007
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Deerpath Capital Management, LP makes privately negotiated investments in the debt and equity of lower middle market companies. Deerpath prefers to invest in senior secured loans, but will consider other forms of investment on an opportunistic basis. Prospective companies typically have revenues of $10 to $200 million and EBITDA of $3 to $15 million. The Firm looks to commit $15 to $50 million per transaction. Target sectors include communications, energy/natural resources, healthcare, services, and manufacturing. Deerpath was established in 2007 and is based in New York City and office in Fort Lauderdale, Florida and Houston, Texas.


DEAL STATS #
Overall 10 of 12
Sector: Education M&A 2 of 2
Type: Growth Capital M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 10 of 12
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-19 AWP Windows & Doors

Medley, Florida, United States

AWP Windows & Doors is a manufacturer of aluminum and vinyl windows and doors for the residential and light commercial market. The company offers both impact and non-impact products and sells its products through a professional network of dealers and distributors. AWP Windows & Doors is based in Medley, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 Certica Solutions

Wakefield, Massachusetts, United States

Certica Solutions, Inc. provides an education technology platform, content and data solutions that enable K-12 educators and administrators to improve instructional and organizational performance. Certica partners with a diverse network of education technology companies, publishers and assessment providers; and delivers solutions directly to over 500 school districts, charter schools and educational service agencies. Certica Solutions was founded in 2000 and is based in Wakefield, Massachusetts.

Sell -
Investor

Avante Capital Partners

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Avante Mezzanine Partners is a provider of junior capital to lower middle-market companies generating at least $3 million in cash flow. The Firm looks to invest $5 to $20 million per transaction and generally works with private equity and independent sponsors in buyout transactions, as well as with entrepreneurs and owners to finance recapitalizations, refinancings, acquisitions and growth. Avante Mezzanine was formed in 2009 and has offices in Los Angeles and Boston.


DEAL STATS #
Overall 23 of 50
Sector: Education M&A 3 of 5
Type: Growth Capital M&A Deals 4 of 18
State: California M&A 5 of 9
Country: United States M&A 23 of 50
Year: 2018 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 Quest Products

Pleasant Prairie, Wisconsin, United States

Quest Products is a multifaceted consumer packaged goods company that manufactures and manages wholly owned brands, distributes national brands, sells to retail and online stores, provides drop-ship services, and manages retail websites. Quest Products was founded in 2001 and is based in Pleasant Prairie, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-01 Vista Apex

Racine, Wisconsin, United States

Vista Apex is a manufacturer of consumable dental products for preventative oral hygiene, endodontics, and restorative dentistry. Vista Apex was founded in 1997 and is based in Racine, Wisconsin.

Buy -