Tierra Encantada, a Minneapolis, MN-based company which specializes in Spanish immersion early education, received $38M in investment from Susquehanna Growth Equity (SGE).
The company intends to use the funds for new market expansion and continued innovation in the youth enrichment industry.
Led by CEO and Founder Kristen Denzer, Tierra Encantada provides Spanish immersion childcare to children ages 6 weeks through 6 years. Their premium early education environment includes onsite commercial kitchens to provide children an elevated culinary experience that includes global meals made from scratch with organic ingredients.
Tierra currently has locations in four states, and is seeking qualified candidates to help further expand the franchise to select markets across the United States.
Commenting on the news, Kristen Denzer said: “Their patient capital and operational resources will be incredibly valuable during this next stage of growth. This investment validates the strength of the brand, allowing us to deepen our proven ability to provide a premier experience for families and franchisees, while accelerating our nationwide expansion.”
FinSMEs
10/07/2024