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TAMPA — Stonehenge Growth Equity, a private equity group, sold its interest in VectorLearning, an online education company. Stonehenge said its exit from VectorLearning was “profitable,” but declined to specify. Both companies are based in Tampa.
In closing out its position with VectorLearning, Stonehenge completes its seventh profitable exit from a growth equity investment, the company says in a statement. Stonehenge has invested in 17 Florida companies since 1999, and it currently manages $80 million in capital.
In August, VectorLearning entered into a $24 million investment agreement with LLR Partners, a Philadelphia-based group. Stonehenge says its exit from VectorLearning was closely tied to that deal.
VectorLearning serves 300,000 working professionals, offering 1,500 courses to students in 50 states.
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