News

Newport Beach, CA. – May 15, 2018 – L Squared Capital Partners (“L Squared”) is pleased to announce that it has closed on the sale of Teaching Strategies.  Teaching Strategies is the leading provider of early childhood educational resources, including curriculum and web-based assessment products. Teaching Strategies was L Squared’s first platform investment, made in October 2014.  L Squared oversaw a variety of initiatives during its ownership period including the selection of an entirely new senior management team, the acquisition and integration of a key add-on investment, introducing a number of successful new products, and a major expansion of the sales
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Newport Beach, CA, July 11, 2018 – Learners Edge, a portfolio company of L Squared Capital Partners, has acquired iteach, a nationally accredited provider of alternative educator certification.  The iteach program innovated online educator curriculum and helped more than 12,000 individuals get rewarding jobs as educators.  Both Learners Edge and iteach were built by teachers, for teachers, and will continue to create remarkable and relevant experiences that inspire future and current educators nationwide. “We are thrilled about our partnership with iteach,” said Jeff Farrero, L Squared Managing Partner.  “The merger will create large opportunities for Learners Edge to provide its award-winning continuing education
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Newport Beach, CA, February 27, 2018 – L Squared Capital Partners is pleased to announce a growth investment in United Scope, resulting in a majority recapitalization of the business.  United Scope represents L Squared’s seventh platform investment over the last three years. Financial terms of the transaction were not disclosed. Headquartered in Irvine, CA, United Scope goes to market primarily under the brand AmScope, which is the leading provider of microscopes and related accessories sold mostly online to a diverse range of end markets including the education sector, life sciences and other scientific research fields, as well as various industrial
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Newport Beach, CA, May 16, 2017 –  L Squared Capital Partners (“L Squared”) and Oracle Elevator (“Oracle” or the “Company”), today announced that L Squared, together with Longview Asset Management, has partnered with Oracle management to recapitalize the Company.  Financial terms of the transaction were not disclosed. Oracle represents L Squared’s sixth platform investment over the last three years.  Founded in 2004 with 22 branch locations across 13 states, Oracle is the largest independent provider of elevator maintenance, repair, and modernization services across all major brands of equipment.  L Squared’s investment provides a long-term capital base to support the Company’s
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Newport Beach, CA, September 14, 2016 – We are pleased to announce the recapitalization of Learners Edge (the “Edge” or the “Company”).  Founded in 2002 and based in Lakeville, Minnesota, the Edge is a leading direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. Co-founded by two middle-school teachers, Joe Cotter and Kyle Pederson, the Company was established with the mission to advance educators’ skill, career paths, classroom instruction and, ultimately, student success by providing the most flexible, engaging and relevant professional development courses available. “We’re very excited about our partnership with L Squared” stated Joe
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Newport Beach, CA – L Squared Capital Partners is pleased to announce a growth investment in Edlio.  Founded in 2011 and based in Los Angeles, CA, Edlio is a leading provider of cloud-based software to the K-12 market.  Built on a Software-as-a-Service platform, Edlio’s content management system facilitates connections and interaction among teachers, administrators, parents and students through a variety of different modules. The investment by L Squared will enable the company to further invest in sales and marketing, international growth, new product development and support strategic acquisitions across the education technology landscape. “We had the opportunity to partner with
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Newport Beach, CA – L Squared Capital Partners (“L Squared”) is pleased to announce a growth investment in Virtium (the “Company”).  Founded in 1997 and based in Rancho Santa Margarita, CA, Virtium is a leading provider of customized, ruggedized, and highly engineered industrial memory and embedded solid state drive (“SSD”) products to the industrial market.  In recent years, the Company has experienced significant growth as a result of increasing demand for highly customized memory and storage products.  The investment by L Squared will enable the Company to further invest in its product portfolio, firmware development and application engineering teams that
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