Neumont University Acquired by Caltius Equity Partners
Founded in 2002 and headquartered in South Jordan, Utah, Neumont University is the premier provider of professional, project-based, employer driven computer science education in the United States. With a unique approach to higher education, Neumont offers four Bachelor’s programs in computer science, software & game development, technology management, and web design & development. Degrees are designed to be earned on an accelerated timeframe of 2.5 to 3.0 years through continuous, year-round enrollment. The university’s curriculum combines rigorous academic coursework with hands-on learning, ensuring graduates are well-prepared to meet the demands of the real-world workforce.
Navagant is pleased to announce the sale of Neumont University to Caltius Equity Partners, a middle market private equity firm with a focus in the Business Services, Industrial Services, IT & Managed Services, and Consumer Services sectors.
Jacob Voorhees, Managing Director, Navagant
“Neumont University’s dedication to providing a superior education for its students alongside Caltius Equity Partners’ expertise in the higher education industry will expand the number of students that have access to receiving an education from Neumont. The university is positioned to continue offering its premier educational services to more students, increasing the impact that can be had in the STEM field.”
Benefits & Long-Term Value Creation
Neumont University serves students going into the computer science field, a pillar in the future of our increasingly technologically advanced world. As the prevalence of data increases, students in the computer science field are integral to advancing our technological capabilities further. Neumont’s combination with Caltius will allow the university to serve even more students and with a stronger base of educational offerings, ultimately leading to better equipped computer science professionals that will lead the industry.
Caltius Equity Partners is a middle market private equity firm based in Los Angeles, California. They invest in various industries such as business services, industrial service, technology, and consumer services. Caltius Equity Partners has a mission to “partner with business owners and management teams to create, implement, and reap the benefits of smart business strategies.” With over $1 billion dollars of enterprise value in assets acquired, Caltius Equity Partners has an interest in the Business Services, Industrial Services, IT & Managed Services, and Consumer Services sectors.
Navagant LLC is a middle-market investment bank focused exclusively on the Education & Training industry. We serve 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 professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes. For more information, please visit http://www.navagant.com.