Growth Capital • Education

Winona Capital Management, Glencoe Capital and Crane Street Capital Invest In Fusion Education Group

On May 23, 2007, growth capital firm Winona Capital Management, private equity firm Glencoe Capital and private equity firm Crane Street Capital invested in education company Fusion Education Group

Investment Context
  • This is Winona Capital Management’s 1st, Glencoe Capital’s 2nd and Crane Street Capital’s 1st transaction in the Education sector.
  • This is Winona Capital Management’s 1st, Glencoe Capital’s 14th and Crane Street Capital’s 1st transaction in the United States.
  • This is Winona Capital Management’s 1st, Glencoe Capital’s 2nd and Crane Street Capital’s 1st transaction in Michigan.
Investment Fate
  • Fusion Education Group was sold to a consortium of financial buyers in 2017.

Explore All 271 Growth Capital Education Deals - Search the Database Free


Investment Summary

Date May 23, 2007
Target Fusion Education Group
Sector Education
Investor(s) Winona Capital Management
Glencoe Capital
Crane Street Capital
Deal Type Growth Capital

Target Company

Fusion Education Group

Grand Rapids, Michigan, United States
Fusion Education Group operates private middle and high schools that offer individualized instruction. Classes at Fusion are delivered by one teacher to one student through a mastery-based learning model, which enables each session to be attuned to that student's specific learning cadence and style. The Fusion approach to learning is effective for all students, however, it is used most frequently by students who did not achieve full potential at his or her prior school due to, among other factors, challenges with group instruction stemming from anxiety, depression, ADHD or different learning styles. Fusion Education Group is based in Grand Rapids, Michigan.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Investors Overview 3

Investor

Winona Capital Management

Chicago, Illinois, United States

Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2006
PE ASSETS 125M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Winona Capital Management is a private investment firm that makes direct investments in consumer related middle-market companies. Winona targets growth companies generating sales of $10 to $100 million and EBITDA of at least $1 million. The Firm can commit up to $15 million per transaction. Specific areas of interest include niche consumer goods and services; sports, recreation and leisure; specialty manufacturing and distribution; growth-oriented, multi-unit specialty food and retail; and education services. Winona's investment horizon is five years. Winona Capital Management is based in Chicago, Illinois.


Deal Context for Investor #
Overall 1 of 17
Sector: Education 1 of 1
Type: Growth Capital 1 of 11
State: Michigan 1 of 1
Country: United States 1 of 14
Year: 2007 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-01 Boloco

Boston, Massachusetts, United States

Boloco is a quick service-fast casual restaurant chain featuring specialty burritos, salads, and smoothies incorporating fresh ingredients and non-traditional flavor combinations. The company operates 16 restaurants in and around the greater Boston area. Boloco was founded in 1996 and is based in Boston, Massachusetts.

Buy -
Investor

Glencoe Capital

Manchester, New Hampshire, United States

Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Glencoe Capital is a private equity firm that invests in leveraged buyouts and recapitalizations of middle-market companies. Glencoe consists of Glencoe Capital Partners Funds which seeks North American businesses valued between $25 million and $125 million, and the Michigan Opportunities Fund which looks to invest in recapitalizations, buyouts, and growth equity transactions in Michigan. Sectors of interest include business and media services, financial services, food and consumer products, and industrials. Glencoe prefers platform companies to have at least $30 million of sales and EBITDA of at least $3 million. Glencoe Capital was formed in 1994 and is a unit of Leoville Holdings, an alternative investment manager. Glencoe Capital is based in Chicago with an additional office in Birmingham, Michigan.


Deal Context for Investor #
Overall 16 of 28
Sector: Education 2 of 2
Type: Growth Capital 3 of 4
State: Michigan 2 of 9
Country: United States 14 of 25
Year: 2007 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-29 SDI

Bristol, Pennsylvania, United States

SDI is a provider of MRO (maintenance, repair, and operations) integrated supply chain management services in North America. SDI helps customers optimize business performance by providing technology and supply chain solutions to increase productivity and reduce costs. SDI was established in 1968 and is based in Bristol, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 ACE Bakery

Mississauga, Ontario, Canada

ACE Bakery Ltd. is a specialty bread-maker that develops and markets a range of premium artisan breads under its own brand, relying on strict, traditional recipes and fresh, all-natural ingredients of the highest quality.

Buy -
Investor

Crane Street Capital

San Francisco, California, United States

Investor Investor


Category Private Equity Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Crane Street Capital invests in buyouts and recapitalizations of mid-sized companies across the US and Canada. Crane looks for businesses with high barriers to entry, fragmented competition, sustainable growth, and operating in large markets. Sectors of interest include education, business services, and financial services. Crane Street Capital was formed in 2009 and is based in Austin, Texas.


Deal Context for Investor #
Overall 1 of 9
Sector: Education 1 of 4
Type: Growth Capital 1 of 7
State: Michigan 1 of 2
Country: United States 1 of 9
Year: 2007 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-01 Four Winds Health

Atlanta, Georgia, United States

Four Winds Health LLC is a provider of urgent care centers that offer walk-in, extended-hour access for non-life-threatening acute injuries and illnesses. Through its centers, Four Winds is focused on creating a superior patient experience through the delivery of convenient, comfortable, high-quality medical care. Four Winds Health is based in Atlanta, Georgia.

Buy -