Mathnasium’s Franchisee Attracts Investment from Snapdragon Capital Partners

By: Mathnasium Learning Centers | 0 Shares 451 Reads

February 08, 2024 // Franchising.com // LOS ANGELES, CA – Mathnasium Learning Centers has announced that its largest multi-unit franchisee, Mo Khalil, has received a strategic investment from Snapdragon Capital Partners, a private equity investment firm that partners with the founders and executives of high growth consumer companies.

Through the investment, Khalil and Snapdragon will sign a development plan to open 25 additional Mathnasium centers over the next five years.

Khalil comes from humble beginnings as an immigrant from Egypt who experienced homelessness at a young age, but has now grown to become a successful entrepreneur – and has been a top-performing franchisee for nine consecutive years in the Mathnasium network. Khalil established Khalil Ventures in 2010, and what began as one center in Central Florida has now grown to a portfolio of nearly 55 centers throughout the United States. With the brand’s established curriculum and teaching methods, combined with its proven business model, Khalil has built a multi-unit empire. He’s also been recognized by Mathnasium for “Best Turnaround of a Resale” and “Top Multi-Unit Operator by AUV.”

“I am extremely excited to begin working with Snapdragon ,” said Khalil. “When I first immigrated to the United States, learning English and assimilating into New York City’s Bronx County was challenging. But with an entrepreneurial spirit and a passion to achieve the American dream, I was able to open my first Mathnasium and do what I love most – teach math. This signed development plan will be monumental not only for me, but also for the entire brand."

“We are incredibly excited to partner with Mo and his talented team,” said Mark Grabowski, Managing Partner of Snapdragon. “He has built an incredible portfolio and has an unparalleled track record of success. We look forward to supporting the next stage of growth for Mo and Mathnasium.”

Mathnasium Learning Centers specializes in math-only tutoring. The goal: teach children math in a way that makes sense to them. For decades the Mathnasium Method™ has transformed the way kids learn math — building students’ understanding of math concepts through personalized instruction and a customized learning plan — all while producing tremendous results and helping students achieve their full potential in math and in life.

SOURCE Mathnasium

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