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Levine Leichtman Capital Partners Closes First European Fund Investment

March 26, 2015, 07:16 AM
Filed Under: Industry News

Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has partnered with management to complete the acquisition of CJ Fallon Limited ("CJ Fallon" or the "Company"). Based in Dublin, Ireland, CJ Fallon represents LLCP's first investment from Levine Leichtman Capital Partners Europe, L.P., a EUR 100 million private equity fund dedicated to investing in Europe.

CJ Fallon is a leading provider of educational content in both print and digital formats to primary and secondary schools throughout Ireland. Founded in 1927, the Company has a strong reputation for high quality content with over 900 titles across 20 different subject areas, as well as proprietary Math and English benchmarking assessments. CJ Fallon's reputation for quality content is driven by an experienced editorial staff and longstanding relationships with leading authors across various subject areas.

According to Lauren Leichtman, Co-Founder and CEO of LLCP, "CJ Fallon is a leading player in the Irish education market with a long track record of delivering high quality educational content for students and teachers. We are excited to partner with Brian Gilsenan (CEO) and his team for our first investment out of our European fund, and look forward to the continued success of the business."

Brian Gilsenan, CJ Fallon's Chief Executive Officer, commented, "We are very excited to be partnering with Levine Leichtman, given the significant knowledge and education-related experience that they bring to our Company. This provides my team with strong confidence that we have chosen the right partner to support our continued growth."

The senior credit facility was provided by Ulster Bank Ireland Limited.

LLCP is a Los Angeles, California based private investment firm that has managed approximately $7.0 billion of institutional capital since its inception. LLCP invests in middle market companies located in the United States and Europe.







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