Avathon Capital

Avathon Capital is a private equity firm established in 2015 and located in Chicago, Illinois. The firm focuses on investing in growing, lower-middle-market companies within the education and workforce management sectors. By targeting this niche, Avathon Capital aims to support businesses that are poised for growth and development in these critical areas, contributing to their long-term success and sustainability.

Nishaad Balachandran

Principal

Jon Barber

Vice President

Grace Beitler

Vice President

Sean Biscaglia

Operating Partner

Michael Grundhauser

Associate

Jason Rosenberg

Co-Founder and Managing Partner

Shoshana Vernick

Co-Founder and Managing Director

Patrick Vogt

Operating Partner

6 past transactions

OculusIT

Acquisition in 2025
OculusIT, Inc. is an information technology services company based in Chicago, Illinois, specializing in solutions for higher education and K-12 institutions. The company offers a wide range of services, including IT staff augmentation, professional consulting, business transformation, cloud computing, and managed security. OculusIT is known for its customer-centric approach, providing cost-effective and responsive IT leadership along with managed enterprise resource planning and infrastructure services. With a focus on flexibility and efficiency, the company also delivers 24/7 operations support, encompassing network monitoring, application management, and database management. Through its comprehensive offerings, OculusIT aims to empower educational institutions with reliable technology solutions tailored to their specific needs.

Yellow Brick Road Early Childhood Development Center

Acquisition in 2025
Yellow Brick Road Early Childhood Development Center is a network of early childhood education institutions for families.

Summit Professional Education

Acquisition in 2024
Summit Professional Education, LLC is a training company based in Franklin, Tennessee, dedicated to providing continuing education for allied health and special education professionals across the United States. Founded in 2014, the company offers a diverse range of workshops and seminars for physical therapists, occupational therapists, speech language pathologists, educators, and other professionals. Its educational content encompasses various topics, including childhood development techniques for autism and sensory challenges, geriatric care, orthopedic rehabilitation, and strategies for managing disruptive behavior in educational settings. Summit Professional Education’s workshops are designed to help professionals meet state and accreditation requirements, and they are available both in-person and online. The organization emphasizes evidence-based practices and caters to the ongoing educational needs of its clientele.

Magical Beginnings Learning Centers

Acquisition in 2024
Magical Beginnings Learning Centers provides high-quality, education-based programs for children ranging from infants through pre-K.

ReUp Education

Venture Round in 2021
ReUp Education, Inc. is a San Francisco-based company that offers specialized marketing and consulting services to educational institutions aimed at re-enrolling students who have left college. Founded in 2015, ReUp utilizes data, technology, and personalized coaching to support these students in navigating their paths back to graduation. The company partners with universities and community colleges to engage and empower individuals who have dropped out, addressing various barriers to completion, such as financial challenges, work obligations, and motivational issues. By providing services that include goal-setting, study habits, financial management, and career preparation, ReUp helps students complete their remaining credits and achieve their educational goals. The organization addresses the significant issue of student dropouts in the United States, where millions have left college without degrees, often burdened by debt.

EdCast

Series D in 2019
EdCast Inc. is a technology company that operates an artificial intelligence-powered knowledge cloud platform designed to enhance personalized learning and knowledge management within enterprises. The company's main offerings include the EdCast Learning Experience Platform (LXP) and the MyGuide Digital Adoption Platform, which together facilitate employee development by providing tailored learning experiences and automating repetitive tasks. EdCast serves a diverse range of industries, including banking, healthcare, hospitality, and technology, helping organizations improve workforce engagement and productivity through effective onboarding, upskilling, and knowledge sharing. The platform aggregates content from various sources, ensuring users receive relevant and contextual information, thus supporting a culture of continuous learning and career mobility. Founded in 2013 and headquartered in Mountain View, California, EdCast has garnered recognition as a Technology Pioneer by the World Economic Forum and supports a wide array of clients, from large multinational corporations to small businesses.
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