Boston, MA – Capstone Partners LLC, a leading investment banking firm, is pleased to announce the sale of BrightStar Education Group, dba Institute of Technology, to private equity firm Greybull Stewardship. Capstone Partners served as the exclusive financial advisor to BrightStar, a portfolio company of Arlington Capital Partners. Terms of the transaction were not disclosed.
BrightStar, which will be now known as Select Education Group, is a leading for-profit post-secondary education company with four campuses in California and Oregon. Founded in 1986, Select Education Group offers twelve certificate and diploma programs and four Associates degrees in the nursing, allied health, business, IT, culinary and HVAC fields.
Greybull Stewardship is a private equity firm that focuses on growing, profitable businesses in the lower middle market. Greybull seeks to invest in companies that are market leaders with strong competitive advantages, and supports its investments with a source of capital that allows companies to maintain their uniqueness.