Nexxus Capital Invests in Harmon Hall

05/02/2008

Author:
Nexxus Capital
United States
www.nexxuscapital.com

Categories:
Private Equity

Article:
Nexxus Capital Announces a New Investment in Harmon Hall

Nexxus Capital, through its third fund, Nexxus Capital Private Equity Fund III (“Nexxus III”), announced today the acquisition of a majority position in Harmon Hall Holding, S. de R.L. de C.V. (“Harmon Hall” or the “Company) a leading private education provider that specializes in English language training in Mexico. The transaction was closed in April, 2008.

The Company was founded in 1966 and currently has 105 schools (considering wholly owned and franchise schools) located around the country. Harmon Hall has developed a unique teaching method which is constantly improving and has developed to adapt classes to the hectic schedules more and more students encounter nowadays.

Harmon Hall has solid foundations that together with Nexxus III’s investment and value added, the Company will substantially increase its market share and maintain its leading position in the market. Nexxus Capital is entering the growing education industry in Mexico through a well established platform of English language schools. This investment will allow Harmon Hall to expand into new markets throughout the country and abroad as the leading English language schools company in Mexico.

Nexxus Capital, based in Mexico City, was founded in 1995 and is one of the leading Mexican private equity fund managers. Nexxus Capital specializes in investments in Mexico and targets investment opportunities that allow for enhancement of shareholder value through improved management and operations, value-added acquisitions and the application of proven international business models to the Mexican marketplace.

For further information on Nexxus Capital visit www.nexxuscapital.com or contact:
Roberto Terrazas
rterrazas@nexxuscapital.com
(646) 415 8719