Berkery, Noyes & Co. represents Monotype, LLC in transaction with Calvert Street Capital Partners
May 30, 2007
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NEW YORK, May 30, 2007– Berkery, Noyes & Co., LLC, the leading independent investment bank serving the information and technology markets, announces that it represented Monotype, LLC (Monotype), a leading provider of content development, design, production and project management solutions to the pre-kindergarten through twelfth grade education industry, in a transaction with Calvert Street Capital Partners (CSCP). The terms of the transaction were not disclosed.
“This transaction demonstrates the critical importance of content development, design, production and project management solutions to the pre-kindergarten through twelfth grade education industry,” said Chris Curran, the Berkery, Noyes managing director who handled the transaction for Monotype. “Monotype, LLC is the clear market leader and Calvert Street Capital Partners’ investment will accelerate its already rapid growth.”
Robert W. Lange, Chief Executive Officer of Monotype, LLC, commented, “Monotype’s organic growth has been dramatic, taking us to the point where we can now leverage our strategic partnership with Calvert Street to create a true leadership position. The potent combination of Calvert’s financial strength with our product quality, and the expertise of our people create a tremendous opportunity not only for us, but for our customers as well.”
Berkery, Noyes & Co., LLC initiated the transaction on behalf of Monotype, LLC, acted as its financial advisor, and represented it in its negotiations with CSCP.
About Monotype, LLC
Monotype’s editorial, design, and production teams will guide your project from concept to classroom. Monotype provides the cornerstone of education. We recruit the best and brightest associates in content development, design, production and project management. Our books help teachers and students shape the future, a responsibility we welcome. For more information, visit www.monotype.net
About Calvert Street Capital Partners
CSCP, based in Baltimore, MD, is a long-term investor that provides private equity and mezzanine capital to the lower middle market. CSCP focuses exclusively on building businesses in partnership with operating management to achieve superior returns for its investors. For more information, visit www.cscp.com.