Shore Capital exits Stepping Stones Group
Shore Capital Partners said Jan. 4 that it has sold the Stepping Stones Group to Five Arrows Capital Partners. Financial terms weren’t announced. Shore Capital will retain a minority stake. Stepping Stones Group, of Lafayette, Colorado, provides therapy and education solutions to children with special needs and autism in educational settings. Madison Capital Funding provided debt funding. Cain Brothers, a division of KeyBanc Capital Markets, provided M&A advisory services, while Winston & Strawn provided legal advice to Shore Capital and The Stepping Stones Group. Five Arrows was advised by legal counsel at Pepper Hamilton.
4 January 2018•4 mins read
