July 15, 2016 – New Canaan Funding (“NCF”) provided financing to support the acquisition of n2y LLC (“n2y”) by The Riverside Company. NCF provided subordinated notes and equity in n2y as part of this acquisition.
n2y, based in Huron, Ohio, is a leading developer of special education curriculum and special education materials for K-12 students with special needs, offering its products to teachers and school administrators through a cloud-based subscription platform. n2y’s core products include Unique Learning System, a standards-based curriculum program designed specifically for students with special needs; news-2-you, a weekly current events newspaper; and SymbolStix, a symbol-based language used in learning materials. The Company’s products improve student performance, teacher efficiency, school compliance, and parent satisfaction by providing a highly customizable and easy-to-use solution.
New Canaan Funding, with offices in New Canaan, Connecticut and Wheaton, Illinois, is a mezzanine firm focused on the middle market private sponsor community. Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients. NCF is currently investing out of its sixth fund. The investment in n2y represents NCF’s third investment in the fund. This financing represents the sixteenth with The Riverside Company.
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 430 transactions. The firm’s international portfolio includes more than 80 companies.
Contact and additional information for The Riverside Company can be found at https://www.riversidecompany.com.
Contact at New Canaan Funding:
Mark R. Thies
firstname.lastname@example.org 203-966-1071 x225