Current Investment
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
TEAM:
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.