Eden Capital, a New York-based private equity fund focused on technology, business services and education, has invested in global financial training firm Wall Street Prep, headquartered in Brookline, Massachusetts.
For 15 years, Wall Street Prep (WSP) has provided instructor-led and online training globally for finance professionals at investment banks, financial institutions, Fortune 100 companies and universities. In addition to corporate training, WSP offers programmes directly to individual consumers.
Wall Street Prep founder Matan Feldman said: “Wall Street Prep has become the partner of choice for firms seeking to innovate their graduate and ongoing professional development programmes. Our partnership with Eden allows us to expand our reach globally and add unrivalled depth of content and technical innovation as we serve the evolving needs of our corporate, university and individual customers. Our team is incredibly excited about the opportunities ahead as we continue our mission to build a global education platform that supports a more highly skilled financial workforce.”
Dina Said, managing director at Eden commented: “Wall Street Prep’s strategy fits perfectly in Eden Capital’s core expertise… and we are enthusiastic about bringing our knowledge and network to support this next stage of growth. We believe that Eden’s operating expertise, international and M&A experience will accelerate the momentum the firm has gained in recent years and establish Wall Street Prep as the industry leader in financial training.”
Dale den Dulk and Paul Shaw will join the board of Wall Street Prep.
Cowen was the financial advisor and Cooley was legal advisor to Eden Capital. Capital Southwest Corporation and Main Street Capital provided funding for the transaction.
Date published: 9 September 2021