Founded 2001, Castanea Partners is a private equity investment firm targeting small to mid-market companies in the publishing, education, training, consumer brands, specialty retail, and marketing services. The firm's founders were previously Co-CEOs of Harcourt General Publishing Company. Castanea participates in traditional management buyouts, sales of private companies, industry consolidation opportunities, growth and acquisition equity, and operationally challenging situations. Castanea is currently investing from its third fund, a $575 million fund that targets companies with enterprise values up to $250 million. The firm's target investment size is between $15MM and $75MM, although Castanea has the ability to call upon additional resources to pursue larger investments and follow-on acquisitions.