Language Stars files details on the completion of its financing round


language starsOne financial backer invested $400,000 in return for unregistered equity securities issued by Language Stars. The transaction completed last Wednesday via a non-brokered private placement. A total of six unregistered securities offerings closed by the company raised an estimated $6.3 million. The company is backed by HCP & Co, a private equity firm focused on growth equity lower-middle market buyout transactions.

The company provides foreign languages programs for kids one year to ten years old. Languages offered include Spanish, Mandarin, German, Italian and of course French. The company has locations in the Chicago, Washington DC, and Baltimore metro areas as well as Northern Virginia. The teaching concept is a play-based education in a full immersion foreign language setting.

The company is headquartered in Chicago IL. Language Stars elected to keep its revenues undisclosed.

The executive team includes James A Davidson and Leslie L Lancry.
The board of directors includes Carlos Signoret, Jim Bland and McGee Lee.

The company has raised an estimated total of $6.7 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Language Stars
Industry: Other
Amount offered: $400,000
Amount placed: $400,000
First sale: 04-30-2014
Data as of: 05-05-2014

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