Avante Capital Partners, a women-owned private credit and structured equity firm, completed a unitranche debt and equity investment in Genius SIS to support a growth investment by Leeds Equity Partners.
Leeds Equity Partners is a private equity firm dedicated exclusively to investing in the education, training and information services industries. Founded in 2008 and headquartered in Plantation, FL, Genius SIS provides virtual learning software solutions to education, corporate and government training markets.
“We are excited to have Avante’s support for the Genius platform,” David Neverson, principal at Leeds Equity Partners, said. “This is our first deal with Avante. We were very impressed with their structuring flexibility, execution speed and collaborative approach to partnership. We look forward to working in concert with Avante to build upon Genius’ success and drive further innovation and improved educational outcomes.”
“Genius has played a critical role in supporting schools, students and educators during the COVID-19 transition to online and hybrid models. Genius has built leadership in a target niche, and we look forward to supporting the business in its next chapter,” Amanda Kim, vice president at Avante Capital Partners, said.
“And we’re thrilled to support Leeds in their investment,” Paul Hayama, a partner at Avante Capital Partners, said. “We’re confident that their deep knowledge and experience in EdTech, combined with Genius’ dynamic management team, will lead to the platform’s continued success.”
