December 8, 2006
Boston, MA - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Shelton Ogle Enterprises, L.P. (Ogle’s) on its recent acquisition by Liberty Partners, L.P. Capstone initiated the transaction and served as the exclusive investment banking advisor to the shareholders of Ogle’s. The terms of this transaction were not disclosed.
For Capstone, the Ogle’s announcement marks the latest posting in a three year string of leading post-secondary education transactions. The firm, which has closed transactions with niche education client’s in every region of the US, has developed into one of the leading investment banking firm in the sector. To support this expertise, Capstone has also built a dedicated research team to cover the industry and has established a best-of-breed network focused on education. Jacob Voorhees, a Vice President at Capstone, commented, “The commitment we made to invest resources in the educational markets several years ago has now become a powerful tool for our clients. This will continue through next year as we plan to be making many more announcements in the sector.”
Capstone Partners LLC is a leading national investment banking advisory firm dedicated to serving the transaction needs of middle market companies. The firm provides corporate sale & divestiture, merger & acquisition and private placement advisory services across three major industry practices: Specialty Products, Business Services and Technology & Media.
Shelton Ogle Enterprises, based in Arlington, Texas, operates four education campuses and three salon and day spa locations in the Dallas/Fort Worth metro area. Ogle’s schools offer certificate programs in cosmetology and esthetics, all of which are approved by the US Department of Education and Title IV eligible. The Ogle Schools are the premier provider of post-secondary, private occupational cosmetology programs in Texas.
Liberty Partners is a New York-based private equity investment firm with more than $1 billion under management. Founded in 1992, Liberty specializes in middle-market private equity investments in manufacturing, business services, and education-related companies. Liberty has completed over 45 management buyouts, recapitalizations, and growth investments and currently manages a portfolio of 23 active investments.