Boston, MA – Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised Neumont University on its acquisition by Caltius Equity Partners, the terms of which were not disclosed.
Headquartered in Salt Lake City, Utah and founded in 2003, Neumont University is a leading provider of professional, project-based, employer-driven computer science education. Neumont’s unique curriculum combines classroom and lab work with a collaborative learning environment to create powerful learning experiences for students.
Based in Los Angeles, Caltius Equity Partners has been making growth and control equity investments since 1999. Caltius Equity Partners invests in business services, consumer services & products, healthcare services, and specialty chemicals industries.
Jacob Voorhees, Managing Director at Capstone Partners, commented, “Given the dire need for results-focused STEM education in the US, partnering with Caltius will enable Neumont to expand its best in class curriculum offering enabling the company to reach those students that need this education the most.”