Language Stars, LLC, a Chicago, Il-based provider of language instruction to the pre-school and elementary school market, has received an investment of undisclosed amount from middle-market private equity Hispania Capital Partners.
Founded in 1998 by CEO Leslie Lancry, Language Stars delivers full immersion programs in Spanish, French, Mandarin Chinese, German and Italian. The company currently operates seven foreign language centers, eight satellite locations, and approximately 100 at-school programs in the Chicago area, educating over 5,000 students each week.
Hispania’s investment, the first through its newest fund, was used to buyout non-management shareholders, provide growth capital for the company’s 2010 market launch into the Washington DC metropolitan area and fund future growth into new markets.
FinSMEs
04/08/2010