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Deutsch Capital Announces Acquisition by Meteor Education

Deutsch Capital Announces Acquisition by Meteor Education

White Plains, New York — January 21, 2021 – Deutsch Capital LLC today announced that its portfolio company Meteor Education acquired Premier Furniture & Equipment (“Premier”).

Premier, which is headquartered in Shell Rock, IA, is a distributor of K-12 classroom furniture in the Heartland of the United States. The combination of Meteor and Premier adds scale and will expand Meteor’s presence to 38 states across the U.S., with operations spanning the East, South, Midwest, and West. Meteor’s acquisition of Premier represents its first acquisition during its partnership with Saw Mill Capital and Deutsch Capital.

“Premier F&E has become the partner of choice for so many school districts throughout Iowa, Minnesota, Wisconsin, and South Dakota. We are privileged by the opportunity to work with this tremendous team, led by Roger and Sally Johnson.” said Bill Latham, CEO of Meteor Education. “The expansion into the Heartland allows us to bring new levels of service and solutions to Premier’s strong client relationships.”

ABOUT METEOR EDUCATION

Headquartered in Gainesville, FL, Meteor Education partners with communities and their students in creating transformational learning experiences through the design and implementation of instructionally sound learning environments. Meteor services include full development of learning environment design, specification, delivery, and teacher orientation to their new space. Meteor is recognized as the leading partner of schools in accelerating student engagement through the intersection of environments and experiences. Meteor works throughout the US with its clients in developing ongoing modernization programs that refresh and re-imagine learning environments. Today, Meteor services K-12 schools across the US. 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 $100 million. Selectively, the firm also invests in early stage businesses. To learn more, visit www.DeutschCapital.com.