Project Description

FOSS Swim School

Prairie Capital Fund VI

Location Eden Prairie, MN
Transaction Type Growth Buyout with Founder and Management
Investment Date February 2018
Business

Provider of learn-to-swim programs for children of all ages and skill levels

Industry Consumer, Education

Investment Rationale

  • Highly-fragmented growth market
  • Partnership with co-founders and management team
  • Premier brand with strong reputation for unmatched quality
  • Attractive and replicable unit economies
  • Proven organic growth strategy via de novo location openings

Value Add

  • Human Capital
  • Sales & Marketing
  • Technology
  • Infrastructure
  • Add-on Acquisitions

We had many excellent options, but Prairie was remarkable in many ways: a great corporate culture, and a shared vision from the beginning. Each team member has intensity and expertise, yet hasn’t lost sight of the humanity within the business.

Jon Foss