WOODSIDE, Calif., May 3, 2013 (GLOBE NEWSWIRE) -- Crane Street Capital LLC ("Crane Street") recently completed an equity investment in Brain Balance Holdings, Inc., a franchisor and operator of supplemental educational centers focused on helping children with learning disabilities such as ADD and ADHD.
Crane Street Co-Founder & CEO, William Liebeck, stated, "We are very excited to have completed our third platform investment in the past three years. We think Brain Balance has built a leading position in the supplemental education industry and we look forward to partnering with management to further expand the Company's footprint."
Brain Balance Co-Founder & CEO, William Fowler, stated, "We founded this Company 7 years ago and are excited to have validation of the Brain Balance concept by such an experienced outside investor. We look forward to continuing to develop and expand the Brain Balance Program to address more children in need."
The capital will be used to facilitate growth in the Company's franchise operations and to selectively open corporate sites in certain markets where there is currently limited franchise coverage.
About Crane Street Capital LLC:
Crane Street, founded in 2007 and based in Woodside, CA, focuses exclusively on private equity investments in service-oriented businesses with an emphasis on education and training. Crane Street's principals have invested more than $1.3 billion into 30 companies over the past 20 years. For more information, visit www.cranestreetcapital.com.
About Brain Balance Achievement Centers:
Since 2006, Brain Balance Achievement Centers has helped thousands of children between the ages of 4 and 17 reach their, academic, social and behavioral potential through a drug free program. The individualized and customized program utilizes sensory-motor exercises, cognitive exercises and nutritional guidance to address the root cause of many neurobehavioral issues. Today, there are over 50 Brain Balance Achievement Centers nationwide. For more information, visit www.brainbalancecenters.com.