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New Story Schools
New Story Schools was founded in 2007 and operates under the umbrella of the New Story family of companies.
New Story Schools
New Story Schools was founded in 2007 and operates under the umbrella of the New Story family of companies. Jennifer Coleman serves as the Chief Executive Officer. The organization runs a network of private licensed schools concentrated on providing special education and therapeutic services for children diagnosed with autism spectrum disorder and emotional or behavioral challenges. The entity does not disclose a traditional wealth origin or family-office structure; it functions as a specialized education provider with institutional backing. The core strategy is direct operational ownership of special-education facilities. The schools deliver a mix of academic instruction, speech-language pathology, occupational therapy, and behavioral support. The model relies heavily on public school district tuition placements — when a public district cannot adequately serve a student with an individualized education program, it pays New Story Schools a set rate. The firm is an active participant in the private special-education M&A ecosystem, having consolidated multiple small school operators under the New Story brand. Known geographic concentration includes Pennsylvania, though the firm maintains a broader Mid-Atlantic presence. The organization operates as part of a larger platform that includes Invo Healthcare and similar special-education and behavioral-health assets, signaling institutional capital behind the roll-up strategy. The team size and aggregated deployment figures are not publicly disclosed. In recent years, the firm has emphasized integrating applied behavior analysis (ABA) therapy directly into classroom instruction, a staffing-intensive model that mirrors the shift across the broader autism-services landscape toward center-based care over home-based services. What separates the firm structurally from a conventional charter network or a nonprofit is its reliance on mandated public-funding streams within a private, for-profit framework. The revenue is sticky: school districts allocate these placements annually, and the regulatory barrier to creating new approved private schools in many states acts as a moat against local competition. This creates an annuity-like cash-flow profile that is rare in the education sector outside of specialized therapeutic providers.
General information
Firm type
Asset Manager
Year founded
2007
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Baltimore
Corporate office
Baltimore, MD, United States
Principals
Jennifer Coleman
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at New Story Schools?
Operational leadership sits with CEO Jennifer Coleman. Investment and acquisition strategy, however, is directed by the parent entity, which historically has operated with backing from institutional private equity or credit investors seeking to consolidate special-education providers. Specific deal-level decision-makers beyond the CEO are not publicly named.
Is New Story Schools a single family office or a private equity-backed platform?
New Story Schools is an operating company, not a family office. It functions as a specialized education platform that has historically been part of a larger behavioral-health and special-education holding group. The structure is consistent with a private equity roll-up strategy in the autism and therapeutic services sector.
How does New Story Schools generate revenue?
The vast majority of revenue comes from tuition payments made by public school districts. Under the Individuals with Disabilities Education Act, when a public school cannot provide a free appropriate public education, the district contracts with approved private schools like New Story. This makes the revenue stream effectively government-funded and contractually recurring.
What geographic regions does New Story Schools serve?
The firm concentrates its physical footprint in the Mid-Atlantic, with a particularly dense presence in Pennsylvania. Specific campus locations cluster in suburban markets where public school districts face constrained special-education capacity.
Does New Story Schools participate in fund commitments or does it make direct acquisitions?
As an operating platform rather than an investment firm, New Story Schools does not make fund commitments. The parent entity has historically pursued direct acquisitions of smaller special-education providers, absorbing them under the New Story brand to expand classroom capacity and geographic reach.
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