Guardian Capital Partners leads executive management buyout of K-8 ed publisher Carson-Dellosa
Headquartered in Greensboro, NC, Carson-Dellosa is a provider of K-8 supplemental education content for parents, teachers and students
WAYNE, Pa. – August 25, 2016 — Guardian Capital Partners announced that it has acquired Carson-Dellosa Publishing, LLC on July 26, 2016. 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 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. This is an exciting time to partner with Guardian and leverage its hands-on philosophy and to support growth.”
Scott Evans, Managing Partner of Guardian stated, “Carson-Dellosa has a backbone of extraordinary content and distribution. Whether in print or digital format, and whether to complement teacher curriculum or solve for student needs for reinforcement or enrichment, Carson-Dellosa is a leading product of choice.” Adrian Ironside, Principal at Guardian, added, “The management team has a great vision for growth. We are excited to further develop and accelerate these strategies and build upon the already strong legacy of success.”
The law firm DLA Piper LLP advised Guardian. Wells Fargo provided senior financing for the transaction, and Patriot Capital provided mezzanine financing.