Balance Point Capital Announces its Investment in Apex Learning
Summary
WESTPORT, Conn., May 9, 2017 /PRNewswire/ -- Balance Point Capital, in conjunction with one of its affiliated funds, Balance Point Capital Partners II, L.P., is pleased to announce it provided debt and an equity co-investment to Apex Learning ("Apex" or the "Company") in support of Education Growth Partners ("EGP") acquisition of the Company. Founded in 1997 and headquartered in Seattle, WA, Apex is a market leader in providing a SaaS-based digital curriculum for secondary education. Justin Kaplan, a Partner of Balance Point Capital stated, "Weve been impressed with the Companys management team and couldnt be happier to support a business with a digital curriculum that has resulted in increased student achievement. We believe EGPs operationally focused education experience and network will add substantial value as the Company continues to scale." We take a long-term, partnership approach to investing and are committed to building lasting relationships with our partners, management teams and intermediaries.