--- title: "The Capstreet Group is Pleased to Announce Its Association with CareerSpring" description: "HOUSTON, TEXAS (March 5, 2021), The Capstreet Group, LLC (“Capstreet”) is pleased to announce its association with CareerSpring, a Network of individuals and..." url: https://capstreet.multisites.ai/news/the-capstreet-group-is-pleased-to-announce-its-association-with-careerspring publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # The Capstreet Group is Pleased to Announce Its Association with CareerSpring HealthcarePublished March 5, 20213 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) **HOUSTON, TEXAS (March 5, 2021)** –The Capstreet Group, LLC (“Capstreet”) is pleased to announce its association with CareerSpring, a Network of individuals and organizations who believe that first generation college students have the preparation and intellectual capacity to add significant value to our workforce. Members of Capstreet and several of its industrial, tech-enabled and software portfolio companies, participate on CareerSpring’s Platform, which provides first generation college students a virtual space to explore career options, seek out career advice and develop social capital with experienced professionals. Many of Capstreet’s portfolio companies, including Allied, Ontellus, and PCS, participate on the Platform, offer internship opportunities via the Platform’s Jobs Placement Services, or both, with the hopes of facilitating meaningful employment and enabling a mutual benefit to CareerSpring students as well as their companies. Founded in Houston, Texas in May 2020, CareerSpring initially launched in New York, Houston and Chicago and plans to expand to four additional cities this year. CareerSpring’s Network of employers, community leaders, educators and volunteers are working together to unlock the employment potential of first generation students who can be an integral part of America’s rapidly evolving workforce. To date, CareerSpring has approximately 2,000 active students on its Platform, two-thirds of which are current college students or recent college graduates from more than 100 different cities in the U.S. This demographic has great potential, but also great needs that CareerSpring hopes to meet by increasing student access to its Platform. In the US today, over 5 million undergraduate students are first generation and one-third of those drop out of college prior to their junior year. For those that do graduate, only 25% gain access to quality jobs or pursue graduate school. To date, CareerSpring has also attracted over 475 volunteer Advisors ready to support CareerSpring students via the Platform’s Career Advisor Forum. At least nineteen of these Advisors have come from Capstreet and its portfolio companies already, while more employees are getting engaged. By connecting these volunteer, real-world professionals with first generation students, CareerSpring facilitates meaningful career access for a high-quality, diverse group of talented individuals. Neil Kallmeyer, Capstreet Managing Partner, serves on the Houston Advisory Board of CareerSpring. When asked why he was moved to volunteer, Neil shared: “When I was in college, I had the benefit of friends, family members and mentors who could help me navigate and understand the business world. The CareerSpring Platform creates an immediate network of Advisors to help first generation college students get advice, internships and permanent jobs. The Capstreet team’s response to CareerSpring has been excellent with multiple advisors and internship postings at the portfolio companies. We look forward to growing with CareerSpring and supporting these young adults.” There is an ongoing need for additional advisors around the country. If you are interested in joining the Network that works to support the American dream for first generation college students, then participate with us and please go to [www.careerspring.org](https://www.careerspring.org/) for further information. ## About The Capstreet Group The Capstreet Group is a Houston, Texas based private equity firm that invests in lower middle market companies. Capstreet targets companies focused on industrial products and distribution, software and tech-enabled business services. Capstreet’s approach is to partner with excellent management teams to build out corporate infrastructure, accelerate growth and profitability, and create long term sustainable businesses. For more information, visit The Capstreet Group website, [www.capstreet.com](https://capstreet.multisites.ai/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)