CHARLOTTE, NC – February 11, 2025 - Capitala Group (“Capitala”) is pleased to announce the sale of its portfolio company, Visible Body, a leader in interactive, 3D models and software for the sciences to Cengage Group, a global educational technology company.
Visible Body provides highly detailed, anatomically accurate 3D models of the body, which are developed by medical artists with degrees in biomedical illustration. The company offers more than 24,000 visual assets in seven languages, including animations and simulations, formative assessments and flashcards to test understanding. It is used at more than 1,000 institutions and provides a wide range of resources to support educators. Visible Body’s 3D models and resources plan to be integrated into additional science courses in both Higher Ed and K-12 later this year. Cengage Group is also evaluating further opportunities to add Visible Body’s models across the company’s portfolio.
“It was a privilege to work with the phenomenal team at Visible Body and help them navigate their growth and entry into new markets,” said Jack Vander Leeuw, Managing Director at Capitala Group. “We are excited about their partnership with Cengage Group and watching their collective future progress.”
About Capitala Group
Capitala Group is a capital solutions provider that has been investing private credit and private equity capital to lower middle-market businesses throughout North America for over twenty-five years. Since our inception in 1998, Capitala has invested and managed over $2.8 billion[1], utilizing our flexible capital mandate to deliver creative financing solutions. We aim to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success.
Capitala's ecosystem includes more than 70 banks on its platform and benefits from 195 cumulative years of experience among the firm's senior leadership. Additionally, the company has made a significant impact with over $1.3 billion in social impact investments[2] since inception, further demonstrating its commitment to both financial growth and positive societal change. For more information, visit www.CapitalaGroup.com.
[1] Includes invested capital since inception, callable capital to commingled funds and available credit facilities, and discretionary and non-discretionary managed accounts.
[2] “Social Impact” represents investments made into either companies headquartered in low- to moderate-income areas (LMI), or in companies that are woman- and/or minority and/or veteran-owned and/or operated. Includes businesses with minority, women, or veterans in CEO roles.