BETHESDA, MD – May 2018 – Chessiecap Securities, Inc. (“Chessiecap”) is pleased to announce that it served as a financial advisor to The Halifax Group (“Halifax”) in its investment in ChanceLight Behavioral Health, Therapy & Education (“ChanceLight”).
ChanceLightis a leading provider of education services for special needs populations. Founded in 2002, ChanceLight has grown substantially, now serving more than 19,000 clients and students annually at 150 sites located in more than 20 states. The company provides a unique blend of services to its clients, including behavioral health services to children on the autism spectrum or with other behavioral health disorders; therapy services to children and young adults with special needs; and, educational services to both at-risk and special needs students.
The Halifax Groupis a private equity firm that partners with managers and entrepreneurs to recapitalize and grow lower middle-market businesses with total enterprise values generally between $50 million and $250 million. Halifax invests across a variety of industries, including health and wellness, education, outsourced business services, franchising and infrastructure. Further information about the Halifax investment can be found here.
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About Chessiecap Securities Inc.
Founded in 2003, Chessiecap Securities, Inc. is a financial services company based in Bethesda, MD., providing investment banking services to emerging growth and technology firms throughout the United States with a focus on industries that predominate the Mid-Atlantic region. These industries include education, national security and cybersecurity, communications, international development, and specialized software and systems for real estate, cloud applications, and more. Drawing on its deep domain experience in education and special needs programs, Chessiecap assisted Halifax in its evaluation of and investment in ChanceLight, providing critical insights leading to a successful closing for its client. To learn more about this transaction, please contact Bill Bavin at (703) 879-3210. To learn more about Chessiecap, please visit the firm’s website at www.chessiecap.com.