Pine Tree recaps Shortridge

Pine Tree Equity has recapitalized Milton, New Hampshire-based Shortridge Academy Ltd, a therapeutic boarding school. No financial terms were disclosed.

PRESS RELEASE

Pine Tree Equity IV, LP (“Pine Tree Equity”), a private equity firm based in Miami, FL, is pleased to announce that it has recapitalized Shortridge Academy Ltd (“Shortridge” or the “Company”) in October 2019. The Company, founded in 2002 and headquartered in Milton, NH, is a leading therapeutic boarding school supporting the cognitive, emotional, and social development of bright, yet struggling adolescents. For additional information on Shortridge, please visit www.shortridgeacademy.com.

The company’s well-trained and supervised staff promote students’ emotional healing, character building, fulfillment of academic potential, improved family relations, and development of interpersonal and decision-making skills in a small, nurturing community.

Pine Tree Equity partnered with the founding entrepreneur of Shortridge to recapitalize the platform in order to accelerate the Company’s geographic expansion and pursue complementary add-on acquisitions. Shortridge marks Pine Tree Equity’s 72nd investment since inception in 2007 (i.e., 24 platform and 48 add-on acquisitions).

We are pleased to offer traditional referral fees for a closed transaction based on a signed fee agreement. For additional information, please visit www.pinetreeequity.com or contact Roberto Canto at rcanto@pinetreeequity.com or (305) 808-9832.

Pine Tree Equity, based in Miami, FL, is a private equity firm with committed equity capital focused on the investment in and expansion of small capitalization companies – with revenue of $10.0 million to $50.0 million – in partnership with founding management. For additional information, please visit www.pinetreeequity.com or please call Jeff Settembrino at (305) 808-9820.