MasterClassTM

Capital Roundtable

Marquee Sponsors


Contributing Sponsor

Association Partners

Data Partners

Media Partners

Partial List of
Past Attendees

ACA Compliance Group LLC

Amalgamated Capital

American Capital Ltd.

Audax Group

Auriga Capital Management LLC

Auriga Holdings LLC

Bank of Ireland

Black Diamond Capital Management LLC

Bloomberg LP

Blue Sky MLS Inc.

BNP Paribas

BNP Paribas Private Capital Group

Brean Capital LLC

Capitala Investment Advisors LLC

CapitalSouth Partners Funds LLC

Capitol Acquisition Corp. II

Carlyle GMS Finance Inc.

CarVal Investors LLC

Caspian Private Equity LLC

Citigroup Inc.

Consumer Growth Partners LLC

Cortland Capital Market Services LLC

Credit Suisse

Credit Suisse Securities (USA) LLC

D. Aaron Asset Management LLC

Dechert LLP

EisnerAmper LLP

Equalitas Capital

Equus Total Return Inc.

Ernst & Young LLP

Fidus Investment Corp.

Full Circle Capital Corp.

Gapstow Capital Partners

Gerson Lehrman Group Inc.

Gladstone Companies

Gladstone Investment Corp.

Grant Thornton LLP

Harris & Harris Group Inc.

Harvest Capital Credit Corp.

Haynes & Boone LLP

ICON Investments

Keefe Bruyette & Woods Inc.

King & Spalding LLP

Kiski Alpha Partners LLC

KPMG LLP

KSL Capital Partners LLC

Lincoln International LLC

McGladrey

McLarty Capital Partners

Medley Capital LLC

Mercer Capital

Milestone Partners

Monroe Capital LLC

Morgan Lewis & Bockius LLP

Murray Devine & Co. Inc.

MVC Capital Inc.

National Fund Advisors LLC

Nelson Mullins Riley & Scarborough LLP

New Mountain Capital LLC

NewSpring Capital

Old Hill Partners Inc.

Partners Group AG

Pepper Hamilton LLP

Perella Weinberg Partners LP

Robert W. Baird & Co. Inc.

Rothstein Kass & Co. PC

Saratoga Investment Corp.

Small Business Investor Alliance

State Street Corp.

State Street Global Svcs Alt. Investment Solutions

Stellus Capital Management LLC

Structural Capital

Sutherland Asbill & Brennan LLP

Technology Media Advisors LLC

THL Credit Inc.

VRC | Valuation Research Corporation

Wafra Capital Partners Inc.

Wells Fargo Securities LLC

Wood Creek Capital Management LLC

Wunderlich Securities Inc.

 

































 

 

The New Reality

For Education Investors -- 

Life After the Fall Election

 

 

Private Equity Investing

In Education-Focused Companies

                     

CHAIRED BY

James A. Rowan

Senior Advisor & Group Head--Education

Stifel Investment Banking

 

FULL-DAY CONFERENCE

Tuesday, July 26, 2016

8:00 am – 5:00 pm

New York City

 

MARQUEE SPONSORS

Drinker Biddle & Reath LLP

Parthenon-EY

 

CONTRIBUTING SPONSOR

Goldberg Kohn

 

REGISTER NOW

 

INSIGHTS FROM 20 EXPERT SPEAKERS!

Steve Conley, National Heritage Academies Inc.

Brian P. Dietze, Stifel Nicolaus & Co. Inc.

Christina Erland Culver, EdNexus Advisors LLC

Ryan Hinkle, Insight Venture Partners LLC

David A. Hoverman, Parthenon-EY

William R. Loesch, Goldberg Kohn Ltd.

James Menapace, Pearson Inc.

Adnan Nisar, Vistria Group LP

John R. Przypyszny, Drinker Biddle & Reath LLP

Dina Said Dwyer, Eden Capital

Edwin Scholte, McGraw-Hill Education

Jane Swift, Middlebury Interactive Languages

Seth Reynolds, Parthenon-EY

James A. Rowan, Stifel Investment Banking

Ronald J. Tomalis, Pennsylvania Department of Education

Jonathan D. Tarnow, Drinker Biddle & Reath LLP

Carol A. Vallone, Meteor Learning Inc.

Edward J. Weklar, Advisory Board Co.


Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

Private equity investors in education-focused companies are watching closely as the U.S. presidential race heads into its final stretch.

 

In a space that depends heavily on federal loans and grants while also being constrained by federal regulators, the philosophy of the country’s next administration is a central concern.

 

Washington, which backs over $1 trillion in student loans, has an outsized footprint in education.  Although many education-focused businesses don’t depend directly on the money, they serve customers who do.

 

You’ll gain valuable insight as our panelists assess the outlook for education at large and survey the prospects for its varied subsectors when you attend The Capital Roundtable’s all-day conference on “Private Equity Investing in Education-Focused Companies” on Tuesday, July 26, in New York City.

 

Our 20 panelists will address such key points as –

  • How can middle-market private-equity investors in for-profit education deal with the “falling-knife argument” -- the issue of deciding exactly when to tackle an opportunity?
  • Is leverage available for recapitalizing portfolio companies and financing new platform investments –- and what’s it going to cost you?
  • Does it make sense to convert a for-profit school into a non-profit school?
  • As the line between venture capital and growth capital blurs in education tech, at what point do you invest?
  • How can you avoid the pitfall of missing a regulatory issue at a company until you’re deep into due diligence?
  • Are there still opportunities for private companies to meet needs exposed by cutbacks in budget for public K-12 education?
  • What’s the outlook for companies that assess and train K-12 students in so-called soft skills like resilience, persistence, and plain, old-fashioned grit?
  • How’s the outlook for job and career placement services at non-profit schools, whose record in the area lags far behind that of for-profit operators, who are required to address the issue?

Will a new administration head in a more conservative, free-market direction?  Or will it intensify a more liberal, hands-on approach?

 

Even as the sprawling sector is caught between the two extremes, savvy middle-market PE investors see solid opportunities.

 

While there’s a chilly market in for-profit higher education as the parent of the struggling University of Phoenix works to go private, the education-technology sector is bustling amid a surge in young companies with new answers to old challenges.

 

In between, investors are surveying a diverse field that includes K-12 education services, vocational schooling, corporate training, testing security, career placement, and more.

 

And federal regulators’ role also has a distinct ripple effect. The potential impact of the new administration’s policies -- whichever candidate is elected president -- is enormous.

 

Here Are Three Reasons Why You Should Join Us

 

  1. Examine what’s likely to lie ahead for the education sector under a new president.
  2. Recognize why the deal to take Apollo Education private is a bellwether for the space, signifying whether change of control can take place at a for-profit higher-education provider.
  3. Hear how PE investors are reawakening to the plethora of needs on the education spectrum -- such as producing skilled tradespeople.

 

Click here to receive our best rate -- a savings of $400 on our regular conference rates!

Register Now to Join James A. Rowan,
And More Than 20 Industry Experts

 

James A. Rowan is a senior advisor & head of the education group at Stifel Investment Banking (“Stifel”).

Mr. Rowan directs a group within Stifel that specializes in for-profit education, a practice that
he initiated more than 20 years ago. Over this period, the group has completed nearly
100 transactions in the education sector, of which more than half have been for post-secondary for-profit institutions. Transactions include public offerings, private placements, merger
& acquisition advisory assignments, fairness opinions, and valuations, of which all have been performed under Mr. Rowan’s direct supervision.

In addition, Mr. Rowan is on the board of directors of National American University Holdings, Inc., a publicly traded post-secondary university based in South Dakota. He is also a trustee
of Waynesburg University, a not-for-profit institution of higher learning based in Pennsylvania.

Mr. Rowan graduated from Cornell University with an MBA in finance and a BA in economics

 

Register Now to Bolster Your Awareness of Opportunities
At a Key Moment for the Spac
e

 

Americans concur that education is critically important, generating benefits that start at the individual level and continue right up to the national level.

 

The question is what kind of education, training, and instruction -- and how to provide it efficiently, effectively, and equitably in an era marked by rapid technological advances and economic upheaval.

 

 

Three More Reasons Why You Should Join Us

 

  1. Hear strategies for private-equity investors to compete with education-sector strategic buyers that operate on different timelines for returns.
  2. Learn why distance-delivered business education continues to appeal to investors.
  3. Discover trends to follow -- such as the nation’s shortage of nurses creating opportunity in healthcare education.


Recent Middle-Market For-Profit Education Deals

  • Chegg Inc.’s $42 million acquisition of Imagine Easy Solutions, which provides writing tools like EasyBib.com that offer students help in such areas as bibliography, citations, and writing structure.
  • Sterling Partners’ sale of Progressus Therapy, a leader in school-based and early-intervention programs, to Invo HealthCare Associates, a portfolio company of Post Capital Partners that provides outsourced special-education services.
  • Leeds Equity Partners’ control equity investment in in Project Management Academy, which offers instructor-led certification training to project-management professionals.
  • European private-equity firm CVC’s sale of its Education International Corp. business in China to a local consortium of investors in partnership with company management. EIC is an education counseling service that supports Chinese students seeking to study at foreign-based universities.
  • Barnes & Noble Education’s acquisition of LoudCloud Systems, a digital platform and analytics provider to clients in education.
  • Weld North Holdings’ purchase of Performance Matters, a student assessment systems and analytics company, which it merged with Truenorthlogic, a Weld North company that provides educator professional-growth solutions.
  • Boxlight Corp.’s acquisition of Mimio, a provider of interactive teaching technologies. Boxlight produces interactive classroom technology and K-12 education solutions.
  • West Corp.’s acquisition of SchoolMessenger, which provides notification and mobile communications services in the K-12 market.
  • A partnership between Sterling Partners’ Education Opportunity Fund and USA Funds and the National Research Center for College and University Admissions. The deal will allow the center accelerate its development of solutions to improve college-bound student recruitment and retention.

Register Now to Form Valuable Contacts
With Colleagues & Professionals

 

This Capital Roundtable conference is the ideal place to expand your network and open up pathways to future deals. The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable new connections
  • Share both ideas and business cards
  • Meet potential investment partners and clients

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.


 

 Who Should Attend

 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, BDC, and Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants,
& Other Advisors Who Support Them.

 

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We look forward to having you join us on Tuesday, July 26.

 

Conference Organizers

 

This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community.  For more information about The Capital Roundtable’s 30 annual conferences and other events and programs, please visit www.capitalroundtable.com.

 

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 Speaking & Business Development Opportunities

 

We offer excellent speaking, marketing, and business development opportunities to reach the middle‑market private equity community. For more details, please contact Kellie Green or Claire Notton at 212-832-7300 or by email at kgreen@capitalroundtable.com or cnotton@capitalroundtable.com.

 

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Have a Question?

 

Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext. 0.

 

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Who We Are

 

This Capital Roundtable conference in midtown, New York City, is all-business, all-targeted, all-designed to be a completely focused day of practical information and revealing insights about for-profit education-focused companies. You’ll gain valuable insights from --

  • Three informative panel discussions
  • Two revealing keynote presentations
  • Real-world perspectives from for-profit education experts
  • Industry outlooks from noted sector experts
  • War stories and lessons learned from experienced hands

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Faculty

Chaired By

  • James A. Rowan, Senior Advisor & Group Head--Education, Stifel Investment Banking

Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable

Speakers

  • Steve Conley, Chief Financial Officer, National Heritage Academies Inc.
  • Brian P. Dietze, Director, Stifel Nicolaus & Co. Inc.
  • Christina Erland Culver, President, EdNexus Advisors LLC
  • Ryan Hinkle, Managing Director, Insight Venture Partners LLC
  • David A. Hoverman, Managing Director, Parthenon-EY
  • William R. Loesch, Principal, Goldberg Kohn Ltd.
  • James Menapace, Senior Advisor & Group Head--Education, Pearson Inc.
  • Adnan Nisar, Principal, Vistria Group LP
  • John R. Przypyszny, Partner, Drinker Biddle & Reath LLP
  • Seth Reynolds, Managing Director, Parthenon-EY
  • James A. Rowan, Senior Advisor & Group Head--Education, Stifel Investment Banking
  • Dina Said Dwyer, Managing Director, Eden Capital
  • Edwin Scholte, Chief Financial Officer--International, McGraw-Hill Education
  • Jane Swift, Chief Executive Officer, Middlebury Interactive Languages
  • Jonathan D. Tarnow, Partner, Drinker Biddle & Reath LLP
  • Ronald J. Tomalis, Sr. Advisor to the Governor--Post Secondary Education, Pennsylvania Department of Education
  • Carol A. Vallone, Chief Executive Officer, Meteor Learning Inc.
  • Edward J. Weklar, Managing Dir.--Corporate Development, Advisory Board Co.

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Schedule

 

   

07:30-08:30

Networking & Registration & Breakfast

08:30-09:15

Welcoming Remarks & Audience Self-Introductions

09:15-09:45

Conference Chairman’s Introduction

09:45-10:45

Panel 1  -- “Waiting for Washington --

Assessing the Potential Impact of Federal Education Policies, Post-Election” 

10:45-11:30

Networking & Coffee

11:30-12:15

Morning Keynote

12:15-01:00

Mid-Day Conversation --“New Buyers Are Tackling the Education Market -- What Is the Motivation & Impact of Strategics, Family Offices, & International Investors?”

01:00-02:00

Networking & Luncheon      

02:00-03:00

Panel 2 --  “Sectors Where Investors Are Digging in--

Which One Are Likely to Deliver the Greatest Returns?”

03:00-03:15

Networking & Dessert

03:15-04:00

Afternoon Conversation -- “Timing Your Plunge into Ed Tech -- Where is the Sweet Spot between VC & PE?”

04:00-05:00

Panel 3 -- "The Strategics Perspective -- What Are They Looking At? What Have Been Their Successes & Failures?”

05:00 Networking & Adjournment


 
  

 

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Registration

Space at this conference is limited, so register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.

 

Please note that The Capital Roundtable limits the number of registrants from a single firm to three.

 

  • Best Rate -- Early Registration -- Save $400 off the standard fee of $1495 when you register by Friday, June 24. Just $1095.

 

  • Incentive Registration -- save $200 off the standard fee!
    Register by Friday, July 15, and the fee for the conference is $1295.

 

  • Conference Rate -- $1,495 increasing to $1,595 day of conference, space permitting.

 

  • Group Rate -- $995 each, when you register two or more people to attend from the same company.

 

Register Now

 

You can pay by credit card (using the links above) or by check. Mail your check and business card to: The Capital Roundtable, 747 Third Avenue, Suite 200, New York, NY 10017.

Have a special question? Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext 0.

 

From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

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Location

Midtown, NYC

Details provided upon registration

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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Sponsorships

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext.117, or by email at cnotton@capitalroundtable.com.

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