Tierra Encantada Receives $38 Million Primary Growth Investment from Susquehanna Growth Equity (SGE)
2024年7月9日 - 11:00PM
ビジネスワイヤ(英語)
Minority investment to fuel growth across the
U.S. while continuing to exceed the early childcare industry’s
highest safety and curriculum standards
Tierra Encantada, the leader in Spanish immersion early
education®, today announced a significant minority growth
investment from Susquehanna Growth Equity (SGE), an
entrepreneur-centric growth equity firm. This milestone marks
Tierra Encantada’s first institutional investment since their
founding in 2013 and underscores their accelerated influence in the
youth enrichment market.
Led by CEO and Founder Kristen Denzer, Tierra Encantada provides
Spanish immersion childcare to children ages 6 weeks through 6
years. Their premium early education environment includes onsite
commercial kitchens to provide children an elevated culinary
experience that includes global meals made from scratch with
organic ingredients.
“We are on a strong growth trajectory thanks to our amazing
team, and we are thrilled to have found the ideal, founder-friendly
partner in SGE,” said Kristen Denzer, CEO & Founder of Tierra
Encantada. “Their patient capital and operational resources will be
incredibly valuable during this next stage of growth. This
investment validates the strength of the brand, allowing us to
deepen our proven ability to provide a premier experience for
families and franchisees, while accelerating our nationwide
expansion.”
"We’ve been thoroughly impressed with Tierra Encantada and their
relentless commitment to details in everything from
industry-leading safety protocols and bilingual curriculums to the
nutritious, carefully prepared meals they serve children and the
development of their own employees. Tierra Encantada is the clear
leader in Spanish immersion early education, and we believe their
differentiated model represents the future of childcare," said Kyle
Squillario, Managing Director of SGE. “We are proud to be
partnering with a proven founder in Kristen and eager to support
Tierra Encantada’s continued growth through the opening of new
franchise-owned learning centers and leveraging our own experience
across the evolving education sector.”
For over a decade, Tierra Encantada has provided a vital service
to communities across the United States, responding to the
pervasive challenge countless families face: a lack of high-quality
childcare. With the childcare industry expected to grow into a $91
billion dollar industry by 2030, this investment emphasizes a
shared vision for new market expansion and continued innovation in
the youth enrichment industry.
About Tierra Encantada
Founded in 2013 in Eagan, MN, Tierra Encantada is the fastest
growing Spanish immersion childcare company in the United States.
From the elevated, from-scratch meals prepared with organic
ingredients to the proprietary STEAM curriculum, Tierra provides
the care that today’s parents are seeking for their children.
Tierra has received numerous accolades including “Top New &
Emerging Franchises” by Entrepreneur Magazine, “The 50 Franchise
Companies Doing the Most to Champion Diversity” by Entrepreneur
Magazine, “10 Hottest Franchise Businesses in America'' by Inc.
Magazine, as well as Inc. and Financial Times' lists of the
fastest-growing privately held companies. Tierra currently has
locations in four states, and is seeking qualified candidates to
help further expand the franchise to select markets across the
United States. For more information, visit tierraencantada.com.
About Susquehanna Growth Equity
Susquehanna Growth Equity (“SGE”) is an entrepreneur-centric
growth equity fund with flexible capital and time horizons. SGE is
exclusively focused on growth-stage software, services, internet
and information services companies. The firm has invested over $2
billion in 70+ market-leading technology and services companies
over the last 15 years and has portfolio companies across the US,
Canada, Europe, and Israel. SGE is backed by a unique and patient
source of capital, enabling the firm to give entrepreneurs and
management teams freedom and flexibility to maximize growth. To
learn more, please visit www.sgep.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240708814826/en/
For media inquiries, please contact: Meg McDougall Chief
Marketing Officer, Tierra Encantada Phone: 262-416-8363 Email:
meg.mcdougall@tierraencantada.com For Susquehanna Growth Equity:
Gasthalter & Co. sge@gasthalter.com (212) 257-4170