M&A Deal Summary

Seaside Equity Partners Acquires Cascade Training Solutions

On February 1, 2021, growth capital firm Seaside Equity Partners acquired education company Cascade Training Solutions from Evolution Capital Partners

Acquisition Highlights
  • This is Seaside Equity Partners’ 1st transaction in the Education sector.
  • This is Seaside Equity Partners’ 5th transaction in the United States.
  • This is Seaside Equity Partners’ 1st transaction in Washington.

M&A Deal Summary

Date 2021-02-01
Target Cascade Training Solutions
Sector Education
Buyer(s) Seaside Equity Partners
Sellers(s) Evolution Capital Partners
Deal Type Secondary Buyout
Advisor(s) Cherry Tree Companies LLC (Financial)

Target

Cascade Training Solutions

Seattle, Washington, United States
Cascade Training Solutions provides individuals, healthcare organizations, public safety agencies, and corporate entities with resuscitation, safety, and compliance solutions from the most basic workplace safety class to the most advanced healthcare resuscitation programs. Cascade Healthcare Services was founded in 2002 and is based in Seattle, Washington.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer
DESCRIPTION

Seaside Equity Partners is a growth-oriented private equity firm focused on partnering with management teams to accelerate growth initiatives, expand margins, and improve cash-flow. Seaside targets businesses with $10 to $150 million of revenue where it can deploy up to $75 million of equity capital. Sectors of interest include industrial services, technology, education, business services, and specialty processing/distribution. Seaside Equity Partners was formed in 2017 and is headquartered in San Diego, California.


DEAL STATS #
Overall 5 of 8
Sector (Education) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Washington) 1 of 1
Country (United States) 5 of 8
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Absolute Performance

Broomfield, Colorado, United States

Absolute Performance offers infrastructure management, cybersecurity, end-user help desk, and data and application modernization services. Absolute Performance was founded in 1997 and is based in Broomfield, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 FirstLine Road Solutions

Reno, Nevada, United States

FirstLine Road Solutions is an end-to-end road solution with the ability to deliver comprehensive towing, transport, recovery and environmental services. FirstLine Road Solutions is based in Reno, Nevada.

Buy -

Seller(S) 1

SELLER

Evolution Capital Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Evolution Capital Partners is a 'hands-on' private equity firm focused on partnering with smaller companies where additional capital and management resources can improve business growth prospects. Evolution looks to invest $2 - $10 million in businesses with $1 to $2 million of free cash-flow. Areas of interest include business services, information services, financial services, distribution, 'scalable sales-focused businesses', healthcare services, and niche manufacturing. Evolution prefers businesses located East of the Mississippi River. Evolution Capital Partners was formed in 2005 and has offices in Cleveland and Chicago.


DEAL STATS #
Overall 7 of 9
Sector (Education) 1 of 2
Type (Secondary Buyout) 3 of 4
State (Washington) 1 of 1
Country (United States) 7 of 9
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 Dining RD

Saint Louis, Missouri, United States

Dining RD provides online menu software programs that focus on providing customized menu solutions, training, and Registered Dietitians to monitor the nutritional care of residents in long-term communities. With onsite and remote consultation, its dietitians ensure services are compliant with state and federal regulations. Dining RD was founded in 1994 and is based in Saint Louis, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 Enviroscience Consultants

Ronkonkoma, New York, United States

Enviroscience Consultants is an environmental consulting firm that specializes in asbestos, environmental remediation, lead-related issues, indoor air quality, subsurface investigations, construction inspection and testing services, occupational training, and industrial hygiene. The firm offers consulting, design, laboratory and inspection services. Enviroscience Consultants was founded in 1998 and is based in Ronkonkoma, New York.

Buy -