Blackstreet Capital Holdings Invests in AWE Learning of Pennsylvania

BCH affiliate makes investment in digital learning solutions for young children

CHEVY CHASE, Md.--(BUSINESS WIRE)-- AWE Acquisition, Inc. (“AWE Learning” or the “Company”), an affiliate of Blackstreet Capital Holdings, LLC (BCH), has acquired substantially all of the assets of Advanced Workstations in Education, Inc. in a 363 Bankruptcy Sale. AWE Learning, headquartered in Chester, PA, provides literacy-focused digital learning solutions for early learners to public libraries throughout the United States and Canada. The Company’s products are currently in over 47% of public libraries in the United States. BCH is led by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief Investment Officer.

“Our partnership with BCH will enable AWE Learning to continue delivering award-winning multi-curricular content to children,” said the Company’s President, Deborah Sorgi. “With BCH’s commitment, we look forward to supporting children on the path to success beginning at a young age through the use of our early literacy stations.”

“We’re excited to have rescued AWE from bankruptcy,“ said Murry Gunty, CEO of BCH. “Through the outstanding work of Kevin Kuby, Chairman, and Deborah Sorgi, we have stabilized the business and are looking forward to growing the company going forward. AWE provides a wonderful public service to --- libraries around the country and we are thrilled to continue to be able to serve these local communities.”

BCH is a diversified holding company that seeks investments in debt and equity of companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks to invest in a range of industries including education, manufacturing, sports and entertainment, distribution, ecommerce, technology, and franchising.

About Blackstreet Capital Holdings, LLC

Blackstreet Capital Holdings is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, and sports and entrainment. Gunty and Berger have deep experience buying companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks investments in a range of industries, including education, manufacturing, sports and entertainment, distribution, ecommerce, and franchising.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160218006129/en/

Blackstreet Capital Holdings, LLC
Lawrence Berger, 202-210-2234
[email protected]

Source: Blackstreet Capital Holdings, LLC

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