Press Release
Capstone Partners Advises Rockport College and The Maine Photographic Workshops in Sale to Non-Profit Acquirer
January 22 , 2007
Boston, MA - Capstone Partners LLC, a national investment banking firm, announced that it has successfully advised Rockport College and The Maine Photographic Workshops on their recent acquisition by a newly formed non-profit group consisting of former staff and faculty members. Capstone acted as the exclusive investment banking advisor to the principal shareholder of Rockport College and The Maine Photographic Workshops. The terms of this transaction were not disclosed.
Jacob Voorhees led the transaction team for Capstone and commented by saying, “This transaction will enable Rockport College and the Maine Photographic Workshops to maintain their artistic integrity and continue as the worldwide leader in photography and film education.” The announcement marks the most recent transaction in a long string of post-secondary education deals completed by Capstone Partners, which has become known as the most active investment banking firm in the sector nationally.
About Rockport College and The Workshops www.rockportcollege.edu
Rockport College and The Main Photographic Workshops are the premier providers of post secondary, private digital arts, film and photography education and training services in the U.S. with a headquarter campus in Rockport, Maine and workshops held throughout various domestic sites as well as internationally.
About Capstone Partners
www.capstonellc.com
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.
Contact:
John Ferrara
President, Managing Partner
Capstone Partners LLC
617.619.3325
jferrara@capstonellc.com