Leeds Fairness and eLuma Companion to Remodel On-line Particular Training and Psychological Well being Companies to Ok-12 Districts
NEW YORK, July 20, 2021 / PRNewswire / – Leeds Equity Partners (“Leeds Equity”), the new York-based private equity firm and eLuma (the “Company”), a leading two-way marketplace for the delivery of live, online special education and mental health services and software to K-12 districts, schools and their students throughout Land, announced today that Leeds Equity has made a significant investment in the company.
Leeds Equity works with talented management teams to drive innovation and growth in leading knowledge industries. Leeds Equity’s investment in eLuma will allow the company to expand its K-12 online therapy services to include mental health and invest in its school software platform, enhancing the ability of eLuma, educators, administrators, therapists, students and missionary families support and further strengthened -critical special education and psychiatric services.
“Finding an investment partner was very important to us and given Leeds Equity’s reputation as a leading investor in the knowledge industries, we knew this was the right move at the right time for our company and personally I couldn’t be excited anymore” said Jeremy Glauser, Founder and CEO of eLuma. “Leeds Equity has proven that it has an unparalleled track record in building innovative companies that can face high challenges and deliver measurable, world-class results. We look forward to working in partnership to help districts, schools, students and families continue to have the best possible resources and we can’t wait to see the things we can achieve together. ”
Glauser, who founded the company ten years ago, will continue to lead as Chief Executive Officer and also serve on the Board of Directors.
Since its inception in 2011, eLuma has grown into a leading two-way marketplace for live, online special education and mental health services for K-12 students. eLuma uses proprietary software to enable K-12 districts and schools and their students, and therapy providers, to provide live, online speech therapy, occupational therapy, physical therapy, school psychology and mental health services. eLuma is a mission-oriented organization focused on helping children develop important life skills.
“We are excited to work with Jeremy and the eLuma team to support the company’s mission and resolve the complex and increasing needs of school health services for students,” said Scott VanHoy, Partner at Leeds Equity Partners. “The company helps schools resolve critical care issues with clinicians, expand access to more specialized, relevant clinicians, reduce costs, automate manual tasks and manage compliance. We look forward to having eLuma and its management team do this Support continued delivery of advanced, high impact health services that enable districts to better serve their students in times of disruption and change. ”
Eric Geveda, Managing Director at Leeds Equity Partners, said: “eLuma provides an attractive opportunity for innovation in an important and growing market for children with special needs. In addition to further investments in the company’s software platform, to help districts and schools better manage their special needs.” To enable their educational therapy, eLuma will increasingly address the growing mental health crisis that is leading to more service demands in school settings. Good mental health is a prerequisite for successful high school graduation for children. “
Crewe Capital, LLC served as financial advisor and Mitchell Barlow & Mansfield, PC provided legal advice to eLuma. Polsinelli PC acted as legal advisor to Leeds Equity Partners.
About Leeds Equity Partners:
Leeds Equity Partners is a new York-based private equity firm dedicated solely to working with management teams in the fields of education, training and information services (the “knowledge industries”). The company was founded in 1993 and has $ 3.9 billion of capital for a wide range of companies within the knowledge industries. Leeds Equity strives to use its industry-focused expertise and market understanding to create long-term value for its partner companies.
For more information on Leeds Equity, please visit www.leedsequity.com.
eLuma was founded in 2011 with the belief that the use of online solutions can enormously increase the quality of therapy in K-12 special training courses and mental health programs. The company is the leading provider of live, online speech therapy, psychotherapy, occupational therapy, physical therapy, and school psychology for K-12 schools and districts. eLuma uses a national network of highly qualified therapists and educators, an innovative software platform and an advanced case management system to deliver therapy services in an effective, cost-efficient and legally compliant manner.
More information about eLuma can be found at www.elumatherapy.com, LinkedIn, Twitter and Facebook.
CONTACT: Danielle Derrico, [email protected], 212-835-2015
SOURCE Leeds Equity Partners, LLC