Leeds Equity Partners, LLC, the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced today that it has invested in Dalton Education, LLC (“Dalton”) and Cobalt Financial Solutions, LLC, which does business as Money Education. Dalton and Money Education are leading providers of Certified Financial Planning (“CFP”) education and exam test preparation solutions as well as investment planning and tax textbooks and reference materials. Terms were not disclosed.
Jacques Galante, Managing Director of Leeds Equity Partners said, “We are excited to have completed our investments in Dalton and Money Education and look forward to working closely with James, Joe and their teams to continue to build on their successes across the CFP market. The commitment they have shown to excellence in all of their educational services is reflected in the outstanding learning outcomes they help produce. We are proud to be working with Dalton and Money Education as they grow and expand their offerings to meet the education and certification needs of financial services professionals.”
“Leeds Equity has a proven track record of success in our sector, and has exceeded our expectations with the depth and breadth of their education and training knowledge. We are confident that Leeds Equity is the right partner for us and shares the same vision of providing best-in-class student experiences and outcomes,” said Joe Gillice, President of Dalton Education.
James Dalton, CEO of Money Education, commented, “This investment marks a new and exciting chapter of growth for our company. We are thrilled to have the support of the leading private equity firm in our sector as we set our course toward future success.”
“We see enormous opportunity to grow and expand Dalton and Money Education by building on their strong foundations and history of excellence. We look forward to working with James and Joe as the companies embark on their next phase of growth,” said Eric Geveda, Principal of Leeds Equity Partners.
Dentons served as legal counsel to Leeds Equity Partners. Bryan Cave and Chaffe McCall served as legal counsel to Dalton and Money Education.
About Leeds Equity Partners
Leeds Equity Partners is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information services industries (“the Knowledge Industries”). The firm was founded in 1993 and currently manages over $4 billion of capital across a broad spectrum of companies within the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies and investors. Learn More
About Dalton Education & Money Education
Dalton Education is a leading provider of CFP education and exam preparation solutions. Dalton’s CFP education course is a 9-month course that satisfies the requirements to sit for the CFP exam and its exam preparation course is a 2-month course that prepares students to take the CFP exam. Dalton provides its high quality CFP education in partnership with leading university partners.
Money Education publishes digital textbooks and several reference workbooks for tax and financial planning with titles such as “Fundamentals of Financial Planning,” “Insurance Planning” and “Income Tax Planning”.