May 17, 2017 – Gauge Capital of Dallas, Texas has partnered with the shareholders and management team of eDynamic Learning ULC (“eDynamic” or the “Company”) and made a strategic investment in the Company. Founded in 2008 and headquartered in Kelowna, British Columbia, eDynamic Learning is a leading provider of online career and elective courses serving the virtual, blended, and brick & mortar U.S. middle and high school market. The Company offers over 70 courses segmented within 16 career clusters ranging from Forensic Science to Gothic Literature.
“This is an exciting time as we partner with Gauge Capital to drive the next chapter of success for our Company. This relationship promotes expanded product offerings, increased market share, and accelerated growth. We are excited to begin the relationship with Gauge, a company with experienced professionals, a proven track record, and an extensive network within the education industry” said Kevin Viau, CEO and Founder of eDynamic. Kevin Viau will continue to serve as the Company’s CEO and as a member of the Board of Directors.
The shareholders of eDynamic retained SVG Capital Group as its financial advisor to market the business and manage the entire transaction process. According to Donald Spence, Managing Partner at SVG Capital, “we are proud to be part of another fantastic success story in the Kelowna technology industry. The business attracted strong interest from investors across North America resulting in a highly competitive process”.
About SVG Capital Group (www.svgcapital.ca)
SVG Capital Group is a firm of market driven transaction advisors focused exclusively on the purchase and sale of mid-market businesses and the raising of debt and equity capital. SVG Capital Group and its advisors have over 50 years of experience in valuing and advising on the buying and selling of businesses throughout Canada.
SVG Capital Group’s Deal Team
Donald M. Spence Derek M. Sanders
Managing Partner Partner