Boston, MA - Capstone Capital Markets LLC, a wholly-owned subsidiary of Capstone Partners LLC, a leading international investment banking firm, is pleased to announce that it has advised Triumph Higher Education Group on a $7 million growth equity capital raise through Camden Partners THEG, Inc. The growth capital will enable Triumph to support and accelerate the rapid growth of the company.
Founded in January 2010, Triumph Higher Education Group provides a disruptive force in vocational culinary education through campus-based and online instruction under the name Auguste Escoffier, perhaps the most famous chef in history and the father of modern cooking. The online programs are an affordable, disruptive methodology for culinary instruction, blending interactive, synchronous and asynchronous content through an integrated, assessment-based learning and technology platform, uniquely catering to the enthusiast, careerist, corporate training, military and international markets. The two campus-based schools, located in Austin, Texas and Boulder, Colorado, operate under the brand name of Auguste Escoffier School of Culinary Arts. The online culinary school operates under the name Escoffier Online International Culinary Academy.
Camden Partners is a private equity firm specializing in providing growth equity to lower middle-market companies, with targeted domain expertise in business services, healthcare and education. In connection with this financing, David Warnock, Managing Member of Camden Partners, will join the Board of Directors of Triumph. Camden typically takes an active board role in its investments, harnessing the resources of the entire firm to serve as value-added partners and advisors to the management team.