White Plains, New York — December 20, 2017 – Deutsch Capital LLC, in partnership with Saw Mill Capital LLC and management of MeTEOR Education, LLC, today announced the acquisition of MeTEOR from Hudson Ferry Capital. MeTEOR is the creator of High Impact Learning Experiences™ through modern learning environments. As one of the largest providers of learning spaces, including furnishings and interior design services, MeTEOR’s focus is the integration of best practices for teaching and learning to drive inquiry-based instruction, effective use of modern classrooms, and increased student achievement. The terms of the transaction have not been disclosed.
Bill Latham, CEO of MeTEOR, commented, “The partnership with Deutsch Capital and Saw Mill Capital further supports MeTEOR’s commitment to developing long-term solutions that enable holistic transformations of learning environments and experiences. We worked closely in the past with Mark Deutsch when MeTEOR (then, Contrax Furnishings) entered into its first private equity transaction in 2010. We look forward to his involvement with the company again.”
Mark Deutsch, President of Deutsch Capital, said, “Since my initial involvement with Bill Latham and his team in 2010, it was very clear that this company was the thought leader in the education sector. The programs and strategies pursued by MeTEOR Education have selectively changed the education landscape and its most significant work is yet to come. I am delighted to be working with Bill again. I have known Howard Unger, Managing Partner of Saw Mill Capital, for a long time and look forward to working with him and the team from Saw Mill Capital.”
ABOUT MeTEOR Education
MeTEOR Education designs, supplies, outfits, and trains teachers in the deployment of K-12 learning spaces, including common areas, media centers, STEM labs, makerspaces, and learning studios/classrooms that optimize student learning, attention spans, and interactions with other students and educators. Headquartered in Gainesville, FL and established in 1967, MeTEOR offers end-to-end design and project management services with a product portfolio consisting of adaptable furniture, technology-integrated classroom equipment, learning displays, décor, and both consultative and online teaching resources. Serving school districts in over 30 states, the company is the recognized leader in providing High Impact Learning Environments™. To learn more, visit www.meteoreducation.com.
ABOUT Deutsch CAPITAL
Based in White Plains, NY, Deutsch Capital is a private equity firm that invests in lower middle market companies across a wide range of industries. Typical investments are in privately owned niche manufacturing, business services and building products companies with sales of $10 million to $75 million. To learn more, visit www.DeutschCapital.com.