Iron Creek Partners and Main Street Capital Recapitalize Career TEAM (Career Team / Career Edge)
January 5, 2022
Iron Creek Partners led a recapitalization of Career Team, LLC and affiliate Career Edge, LLC, with participation from Career TEAM's management and Main Street Capital Corporation. The transaction, which closed in December 2021, provides significant growth capital to support the companies' workforce development services and Career Edge LMS / case management software expansion; management remains in place and retains a meaningful equity stake.
- Buyers
- Iron Creek Partners LLC, Main Street Capital Corporation, Career TEAM management
- Targets
- Career Team, LLC, Career Edge, LLC
- Industry
- Education
- Location
- Connecticut, United States
- Transaction Type
- Recapitalization
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