Patriot is pleased to announce that it has invested subordinated debt and equity in support of Guardian Capital Partners' acquisition of Carson-Dellosa Publishing, LLC. Guardian partnered with the executive management team who will continue operating the Company going forward.
Headquartered in Greensboro, NC, Carson-Dellosa is a leading provider of K-8 supplemental education content for parents, teachers and students with an established portfolio of market-leading brands including Spectrum, Summer Bridge, Carson-Dellosa Education and others. The Company's products are recognized for its high quality content and comprehensive educational materials. With over 35 years of experience in the consumer educational products market, the Company offers digital and print workbooks, test-prep, hands-on learning materials and classroom décor and resources to solve critical needs for parents and teachers across students' education. Carson-Dellosa's products are used in over 1,000 schools and can be purchased at over 10,000 retail locations in addition to its direct-to-consumer e-commerce platform.
Al Greco, CEO of Carson-Dellosa said, "Carson-Dellosa puts the highest quality products in the hands of teachers and parents for a child's educational journey. The education market is dynamic and growing, and our Company is well positioned to take advantage of these changes."
About Patriot Capital
Patriot Capital is a leading source of growth capital for middle-market companies seeking to finance business expansion, acquisitions, management buyouts or balance sheet recapitalizations. Patriot Capital is focused on debt capital and minority equity investments. Our senior deal professionals each have over 20 years of diverse corporate finance experience. We provide companies with capital and seasoned business judgment for transactions.
Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth and income generation. Patriot Capital has invested in and managed companies successfully through varying periods of economic expansion and contraction. We understand and employ successful strategies and tactics needed to guide our companies through these periods.
