Morrison Cohen Represents Snapdragon Capital Partners in Connection with Investment in Khalil Ventures, the Largest Franchisee for Mathnasium Learning Centers

Congratulations to Snapdragon Capital Partners, a private equity investment firm that partners with the founders and executives of high growth consumer companies, on its strategic investment deal with Khalil Ventures, the largest multi-unit franchisee for Mathnasium Learning Centers. The deal will enable the franchisee – already the owner of 55 Mathnasium locations in six states – to open 25 new locations over the next five years. This investment marks Snapdragon’s first foray into the education space. Last year, the company invested $30 million in Spartan Fitness Holdings, an operator of 60 Club Pilates studios.  

The Corporate team at Morrison Cohen was led by Chair and Co-Managing Partner Steven Cooperman, Senior Counsel Timur Eron and Associates Michael Wasenius and Nada Elfarei. The Executive Compensation & Employee Benefits team was led by Senior Counsel Michael Oppenheimer and Associate AliceRose Sherman. The Tax team was led by Partner Isaac Grossman and Associate Hunter Book. The Real Estate team was led by Associates Savannah Holzwarth and Sara Zucker. The Technology, Data & IP team was led by Partner Jessica Lipson, Esq., CIPP US and Associates Tess Bonoli and César Rodríguez Muñoz.

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