Lexi Capital in Talks with Larrin & Kristen Marrisett to Acquire Wake Forest

Montessori Preschool

Wake Forest NC based Wake Forest Montessori Announces Late Stage Acquisition Talks with Lexi
Capital.

Wake Forest, NC, October 18, 2018 --(PR.com)-- Lexi Capital, LLC, a boutique financial services and
investment firm out of Raleigh, NC announced today that they have entered into late round negotiations
to acquire Wake Forest Montessori Preschool.

Lexi Capital is seeking to diversify it's educational offerings through strategic expansion in developing
markets.

Wake Forest Montessori Preschool co--founders Larrin Devereaux Marrisett and Kristen Marrisett said
they were excited about the possibility of the acquisition. Kristen said, "We received a similar offer last
year from a local group which offered to purchase the school, however this offer allows the current staff
to maintain their roles while bringing in the capital to grow the school. This offer allows us to stay on as
operators. The Lexi Capital offer is expected to surpass the $1M mark."

Via a corporate memo, Lexi Capital went on to say that through their analysis, the Wake Forest market is
one of three markets they have targeted for their 4 year expansion plans. "Wake Forest offers a strong
opportunity for our expansion plans. The community consists of a highly educated consumer market with
parents of young families and an exceedingly productive work force."

Lexi Capital LLC declined to comment. Final talks are ongoing.

For more information from Wake Forest Montessori, please contact Larrin Marrisett,
info@wakeforestmontessori.com

For more information from Lexi Capital, please contact Steve Kennedy, steve@lexicapital.com

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Contact Information:
Wake Forest Montessori
Larrin Marrisett
919-901-1212
Contact via Email
www.wakeforestmontessori.com

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/767693

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