Atlantis is Acquired by Infinedi-owned CEA CAPA Education Abroad

Navagant LLC, (“Navagant”) a leading middle market investment bank focused on serving mission-driven organizations, advised St. Mary’s Institute for Educational Excellence (dba “Atlantis”) on its sale to CEA CAPA Education Abroad (“CEA CAPA”), a leading provider of international study and internship programs to U.S. university students and a portfolio company of Infinedi Partners, LP (“Infinedi”).

Atlantis is the leading provider of pre-health and pre-law experiential education abroad serving U.S. college students. The company’s solutions have helped more than 2,000 pre-professional students obtain real world experience critical for graduate school applications and evaluate future career paths while experiencing foreign cultures in attractive locales across Europe and other locations. Though known as Atlantis, the Company uses three brands: Atlantis (pre-health), Lex (pre-law), and Beacon (business and STEM).

Through its career-focused experiential education offerings, Atlantis plays a crucial role in assisting thousands of college students each year in receiving real-world, hands-on experience in their career path of choice. The acquisition of Atlantis by CEA CAPA will benefit students through increased exposure to the Atlantis offering via CEA CAPA’s established institutional relationships, while also driving an enhanced portfolio of study abroad offerings.

Partnering with CEA CAPA will allow Atlantis to expand its already impressive institutional customer base, while providing its employees’ abundant professional growth opportunities. In addition to continuing to execute on its outstanding track record of organic growth, both companies are well-positioned to realize synergies through this partnership.

Atlantis management commented that “we made the right decision in working with the Navagant team. What we most appreciated about their work was the thoroughness, long-term orientation, and sheer dedication. There were many moments where they could have settled for a “good” job and instead they chose to be excellent.”

Jacob Voorhees, Managing Director of Navagant, stated, “We couldn’t be happier to announce the sale of Atlantis to CEA CAPA. Dave Dunlap and the team have led an incredible business that truly helps students improve their graduate school while helping them decide if their chosen career paths are the right personal fit. CEA CAPA is the ideal partner for Atlantis to continue scaling the organization while maintaining a best-in-class experience for its customer base. Atlantis’ operations will be bolstered by CEA CAPA’s existing network of university partners, overseas operations bases, and back-office support. We wish Dave and the Atlantis team well under new ownership.”

Benefits & Long-Term Value Creation

The combination of Atlantis and CEA CAPA will dramatically improve the access of high-quality, career-enhancing experiential education to many more prospective students across the United States. This broader exposure, coupled with the vast study abroad expertise of CEA CAPA, will provide students with more opportunities to learn about potential career paths, explore new countries & cultures, and access the type of education critical for future success in whatever path they choose.

About CEA CAPA

Since 1997, the Company has maintained one simple philosophy: to provide high-quality international academic programs and services. The Company recognizes and values greater access to global education by offering high-quality, discipline-based academic programs that integrate the host culture into an active learning pedagogy. The Company’s students engage in academically rigorous courses and innovative internships, all designed to create global leaders for the 21st century.

The Company works with more than 350 U.S. universities to provide comprehensive educational and internship abroad programs in Europe, Central and South America, and Australia. The organization serves more than 7,500 college and university students annually with 11 international study centers and 45 international university partners.

Visit ceacapa.com for more information.

About Infinedi

Infinedi is a private equity firm focused on innovative partnerships with founder-owned businesses and financial entrepreneurs. Based in New York, the firm was founded in March 2018 by Jay Hegenbart. Unlike many traditional private equity firms, Infinedi focuses exclusively on situations where it is the first private equity investor. Additional elements of the strategy include using less financial leverage and having investment durations longer than is typical.

The firm’s approach is solution-based, working with business owners to create tailor-made private equity investments oriented to maximize effectiveness for all stakeholders. Infinedi’s investments are typically control investments with large founder re-investment. Its investors include a diverse group of prominent institutional investors. Many of these organizations have known the principals for decades and have benefitted from their successful track record of investing. Infinedi is actively seeking new investment opportunities.

Visit infinedi.com for more information.

Contact

Jacob Voorhees
Managing Director, Navagant
Phone: (617) 216-1543
jacob@navagant.com

About Navagant

Navagant is a middle-market investment bank serving entrepreneurs, family-businesses, large corporations, and financial sponsors seeking to optimize their transaction outcomes. Our sell-side advisory services include mergers and acquisitions, majority and minority recapitalizations, management buyouts and corporate carve-outs. With a conscious-capital mission and a team of experienced investment banking professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes.

For more information, please visit www.navagant.com.