Hudson Ferry Capital Exits Investment in MeTEOR Education

RYE BROOK, NY, December 31, 2017 – Hudson Ferry Capital has successfully completed its investment in K-12 educational design and services leader MeTEOR Education (“MeTEOR”) helping the company achieve dramatic growth, and fulfilling its collaborative role with MeTEOR’s management team, first forged in 2010.

MeTEOR, headquartered in Gainesville, FL, is a leading educational services partner that works with K-12 district leaders, teachers, students and whole communities to develop High-Impact Learning Experiences™. Using research-driven, comprehensive learning environment design, build, and implementation services, MeTEOR is the first company to help educators "connect the dots" where physical settings—complete with modern seating options, desks and advanced technology—are integrated with strategic, inquiry-based best practice teaching methods to achieve vastly greater student learning experiences. These high-impact designs have led to measurable increases in basic literacy, collaborative learning, and complexity of student tasks at all grade levels.

“We are exceptionally pleased with our investment in MeTEOR. The company more than tripled in size, broadened its product offering and improved gross margins during the seven years of Hudson Ferry Capital’s investment. We worked with the management team to improve vendor relationships, clarify financial reporting, develop key success metrics, and finance growth. We are delighted that the MeTEOR sale has generated a 3.0x multiple of invested capital,” said Bruce Robertson, a Partner of Hudson Ferry Capital.

“Hudson Ferry was an incredible partner as MeTEOR has grown and impacted students across the country. They brought so much more than capital to the table -- their experience, support, and focus were instrumental in our growth and the full development of our products and services with High Impact Learning Environments™ and Experiences. Their involvement has helped us transform traditional schools into vibrant future-ready communities of learning for students around the entire country,” said Bill Latham, CEO of MeTEOR.

Signal Hill, a Daiwa Securities Group Inc. company, acted as MeTEOR’s exclusive financial advisor and Jenner & Block provided legal services for the transaction.

About Hudson Ferry Capital

Hudson Ferry Capital (www.hudsonferry.com) is a New York-based private equity firm that specializes in investing in lower middle market companies. The firm partners with entrepreneurial owners and managers of established privately-owned companies that are differentiated through product or process innovation. The principals of Hudson Ferry Capital have invested in dozens of niche manufacturers, business services companies and outsourcing providers over the last several decades. As a trusted financial partner, Hudson Ferry Capital can provide liquidity to current owners, provide capital to execute a growth strategy, and assist in transitioning an organization from a smaller or regional family-owned business into a larger, integrated enterprise.

About MeTEOR Education

MeTEOR Education is a leading educational services partner working with education professionals to help them create High-impact Learning Experiences™. As one of the largest providers of learning spaces, including furnishings and interior design services, MeTEOR’s focus is the integration of best practices for teaching and learning to drive inquiry-based instruction, effective use of modern classrooms, and increased student achievement. Watch compelling customer testimonial videos, learn more about High Impact Learning Experiences™ and connect with MeTEOR at www.meteoreducation.com.

For more information about this transaction, please contact:

Bruce Robertson

Partner

Hudson Ferry Capital

brobertson@hudsonferry.com

(212) 308-3915

Paul Huston

Partner

Hudson Ferry Capital

phuston@hudsonferry.com

(212) 682-5205