Like Linkman International Language Institute

announced 1/9/2013 via BusinessWire

CIBT Education Group Inc., will acquire Linkman International Language Institute

synopsis: CIBT Education Group Inc. has agreed to buy Linkman International Language Institute. Linkman is a language training institution in China that specializes in English language training for students in elementary and middle school, but also train students in high school as well as adults.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. "
target: Linkman International Language Institute
Linkman International Language Institute is a language training institution. Linkman provides high quality English training programs to over 200 students in a wide range of age groups, but specializes in Children’s English programs.
price ($mm)
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announced 1/14/2020 via GlobeNewswire

UMeWorld Limited, will acquire Proud Kids

synopsis: Hong Kong education technology company UMeWorld Limited will acquire Proud Kids in an all-stock transaction. Based in Beijing, Proud Kids is a 1-on-4 online English language training startup catering to children aged 4-12 years old. Launched in March 2018, Proud Kids has delivered over 150,000 paid lessons using its 1-on-4 teaching model.
buyer: UMeWorld Limited (OTCPK:UMEW:$0.01)
UMeWorld is an educational technology company and a visionary player in the online educational landscape in China. UMFun, its K-12 flagship product, is a cloud-based assessment and learning analytics platform that can intelligently analyze and adapt to a student's performance and needs. "
target: Proud Kids
Proud Kids is a leading online English education platform in China. The company connects native English-speaking tutors from the UK, North America, and South Africa and young learners between 4-12 years old, as well as partnering local English teachers with native English-speaking tutors.
price ($mm)
rev ($mm)
$1
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 1/16/2019 via BNC Analysis

Active Learning Group, acquired Ardmore Language Schools Limited

synopsis: Major schools business Cognita, via its Active Learning Group division, has acquired Ardmore Language Schools, a veteran junior summer program business which has operations in both the UK and US. For over 30 years Ardmore has been helping students from all over the world live and learn the English language.
buyer parent: Cognita Schools, Ltd.
buyer: Active Learning Group
Active Learning Group is a portfolio of exciting brands, each of which specialise in experiential learning for children, spanning outdoor education for schools, and summer camps and daycare for children during the school holidays. "
target: Ardmore Language Schools Limited
For over 30 years Ardmore has been helping students from all over the world live and learn the English language. They pride themselves on delivering summer school programmes to the highest standards with a constant focus on student experience, safety and fun.​
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announced 12/1/2017 via BusinessWire

Scientific Learning Corporation, will acquire BrainMaps

synopsis: Scientific Learning Corp., a leading SaaS service provider that delivers neuroscience-based educational technologies, announced that it has signed a non-binding Letter of Intent with Brain Maps Technology Co. Ltd. to acquire Shanghai-based BrainMaps, a blended learning company with over 70 franchised English language learning centers across China.
buyer: Scientific Learning Corporation (OTCPK:SCIL:$17.73)
Scientific Learning Corp. is a leading SaaS service provider that delivers neuroscience-based educational technologies that have been research-validated by over 250 studies, including those from Stanford, MIT, and Harvard Universities. "
target: BrainMaps
BrainMaps is a blended learning company with over 70 franchised English language learning centers across China. BrainMaps helps students ages 5-12 achieve fluency in English in as little as three years.
price ($mm)
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closed 8/16/2017 via Company Press Release

Pu-Xin Education, acquired Global Education & Technology Group Limited

synopsis: Pearson is announcing that it has completed the sale of Global Education (GEDU) to Puxin Education. GEDU is a leading provider of English language training and test preparation for Chinese students wishing to study abroad.
buyer: Pu-Xin Education
Puxin Education is a private education company providing tutorial program for K-12 education, overseas test prep and college admission counselling services in China. It offers comprehensive programs for kindergarten to Grade 12 on many subjects including English, Chinese and all Science subjects. "
target parent: Pearson plc
target: Global Education & Technology Group Limited (GEDU:$52.36)
Global Education (GEDU) is a leading education company focused on English language training and test preparation for students wishing to study abroad, providing a range of world-class products and services including pre-test trainings on IELTS and TOEFL, as well as some international curriculums.
price ($mm)
$80
rev ($mm)
$100
EBITDA ($mm)
EV / rev
0.1x
EV / EBITDA
closed 12/21/2011 via GlobeNewswire

Pearson plc, acquired Global Education & Technology Group Limited

synopsis: Global Education & Technology Group, a provider of educational courses and test preparation services in the People's Republic of China for students who are working towards internationally-recognized English language assessments, has merged with international education and media company Pearson plc.
buyer: Pearson plc (LSE:PSON:$5,359.58)
Pearson is an international education and media company with world-leading businesses in education, business information and consumer publishing. "
target: Global Education & Technology Group Limited (GEDU:$52.36)
Global Education & Technology Group Ltd. is a leading provider of educational courses and test preparation services in the People's Republic of China for students who are working towards internationally-recognized English language assessments.
price ($mm)[EV]
$286 [$149]
rev ($mm)
$65
EBITDA ($mm)
$8
EV / rev
2.3x
EV / EBITDA
18.4x
closed 7/30/2014 via PR Newswire

Noah Education merged with Rainbow Education Holding Limited,

synopsis: Noah Education Holdings Ltd., a leading provider of education services in China, has merged with Rainbow Education Holding Limited. Noah owns and operates 48 high-end kindergartens, five primary and secondary schools and operates 10 supplemental education centers, which focuses on English language training for children aged 3-12.
buyer: Rainbow Education Holding Limited
Rainbow Education Holding Limited is a holding company based in China. "
target: Noah Education (NED:$37.23)
Noah Education Holdings Ltd. is a leading provider of education services in China. The Company operates in three different segments, with a focus on English language training, high-end kindergartens, primary and secondary schools, and supplemental education.
price ($mm)
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closed 5/31/2017 via Company Press Release

Advantage Partners, acquired YARUKI Switch Group Holdings, Co., Ltd.

synopsis: On May 31, 2017, funds served by Advantage Partners acquired YARUKI Switch Group Holdings, Co., Ltd., an educational services provider. Yaruki Switch Group operates several private school formats under the guiding principle of helping children find the motivation within themselves to pursue their own path.
buyer: Advantage Partners
Advantage Partners continues to be businesses’ optimal partner in Japan’s private equity market. They became the first in Japan to offer services for buyout funds in 1997. Advantage Partners maintains position as the gold standard in Japan for both investing in private companies as well as exits. "
target: YARUKI Switch Group Holdings, Co., Ltd.
Yaruki Switch Group operates private school formats under the guiding principle of helping children find the motivation to pursue their own path. The group’s formats include tutoring schools, childcare centers that teach English, elementary school entrance exams prep, sports classrooms, and more.
price ($mm)
rev ($mm)
$144
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 10/23/2012 via BusinessWire

Pivotal Group, Inc., acquired Pan Am Education

synopsis: A Pivotal Group affiliate has acquired the assets of Pan Am Education, expediting the international expansion of the company. Pan Am founding management will maintain a stake in the company and continue day-to-day operations. Pan Am Education provides online blended learning solutions for students and education companies around the globe.
buyer: Pivotal Group, Inc.
Pivotal Group is a diversified investment company focused on private equity and real estate, particularly drawn by the unrealized potential of well-managed, middle-market companies with unique assets. "
target: Pan Am Education
Pan Am Education provides online blended learning solutions for students and education companies around the globe. Pan Am distributes its education services in 10 countries, including China, Korea, Brazil, Mexico, Turkey and the U.S. Its distribution network reaches over 5 million students.
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announced 5/21/2012 via BNC Analysis

Nippon Mirai Capital Co., Ltd., will acquire Alc Press Inc.

synopsis: ALC Press, a listed language-focused educational service provider, has approved a tender offer from Nippon Mirai Capital and plans to go private. ALC Press provides language learning materials as well as learning courses over the internet.
buyer: Nippon Mirai Capital Co., Ltd.
Nippon Mirai Capital Co., Ltd. is an independent investment fund. They focus on growing the enterprise value of their investments and sharing the value with stakeholders. "
target: Alc Press Inc.
ALC Press Inc. is a language-focused educational service provider. It engages in the planning, production, and sale of materials for distance learning in Japan.
price ($mm)[EV]
$35 [$46]*
rev ($mm)
$103
EBITDA ($mm)
$11
EV / rev
0.5x
EV / EBITDA
4.7x
closed 6/1/2011 via PR Newswire

China Education Alliance, Inc., acquired Noah International Education Group

synopsis: China Education Alliance, Inc., a China-based education resource and services company, announced that the company successfully acquired Noah International Education Group, the largest multi-language learning institute in Northern China offering courses of English, Japanese, Korean, Russian, German, French, Spanish, Italian, Arabic, etc.
buyer: China Education Alliance, Inc. (CEU:$46.27)
China Education Alliance, Inc. is a fast-growing, leading, China-based company offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over. "
target: Noah International Education Group
Noah International Education Group is the largest multi-language learning institute in Northern China offering courses of English, Japanese, Korean, Russian, German, French, Spanish, etc. It serves a student body of roughly 1,000 students with its two training centers in Harbin and Changchun.
price ($mm)
$2.47
rev ($mm)
$2
EBITDA ($mm)
EV / rev
1.6x
EV / EBITDA
closed 2/8/2019 via BNC Analysis

Talisis, acquired Harmon Hall Holding, S. de R.L. de C.V.

synopsis: The Mexican learning and development platform company Talisis, has acquired Harmon Hall, the leading English Language company in Mexico. They use their own methodology to deliver English language education to all kinds of students.
buyer: Talisis
Headquartered in Mexico, Talisis is a platform for learning and developing skills. It optimizes the operation and academic focus of educational institutions and responds to the generational needs of knowledge and skills of the future. "
target: Harmon Hall Holding, S. de R.L. de C.V.
Harmon Hall is the leading English Language company in Mexico. They have developed their own methodology which is constantly evolving in order to always be at the forefront of language education. Their program strengthens speaking, reading and skills.
price ($mm)
$28
rev ($mm)
EBITDA ($mm)
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closed 9/18/2013 via Market Wire

Loyalist Group Limited, acquired KGIC Education Group

synopsis: Loyalist Group Limited is pleased to announce that, on September 17, 2013, it has completed the acquisition of KGIC Language College Corp. ("KGIC"), an accredited and licensed English-as-a-second-language school, and KGIC Business College Corp.
buyer: Loyalist Group Limited (TSX-V:LOY:$47.90)
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs. "
target parent: CIBT Education Group Inc.
target: KGIC Education Group
KGIC Education Group, Inc., a language school, provides English language learning programs in Canada. The company offers language enhancement programs, summer programs, and workshops.
price ($mm)
$9.01
rev ($mm)
$24
EBITDA ($mm)
EV / rev
0.5x
EV / EBITDA
closed 3/15/2010 via PR Newswire

CIBT Education Group Inc., acquired KGIC Education Group

synopsis: CIBT Education Group Inc. is pleased to announce that it has completed the acquisition KGIC Education Group of Vancouver, British Columbia. KGIC Education Group is one of the largest private English language training schools and business colleges in Canada with 7 campuses.
buyer parent: Capital Alliance Group Inc.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management and investment company with a special focus on the global education market. Its subsidiaries include CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp. "
target: KGIC Education Group
With five campuses and 1500 full-time students, KGIC is one of the largest ESL & Business institutions in Canada. KGIC offers outstanding courses in English, Career development and Business; Teacher training diplomas; and Youth summer Programs.
price ($mm)
$4.68
rev ($mm)
$14
EBITDA ($mm)
EV / rev
0.6x
EV / EBITDA
closed 7/6/2009 via PR Newswire

Noah Education, acquired Little New Star Education Group

synopsis: Noah Education Holdings Ltd., a leading provider of interactive education content in China, announced the completion of its acquisition of 100% interest in Little New Star Education Group, a Changsha-based private education service provider that specializes in providing English language training for kids.
buyer: Noah Education (NED:$37.23)
Noah Education Holdings, Ltd., through its subsidiaries, engages in the development, marketing, and distribution of interactive education content in the People’s Republic of China. It offers interactive, multimedia learning materials primarily to complement prescribed textbooks used in China. "
target: Little New Star Education Group
Little New Star, founded in 1992, is a leading provider of kids' English language training in China, based in Changsha, Hunan province.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
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closed 12/12/2012 via BNC Analysis

Novation Holdings, acquired Immersion House

synopsis: Novation Holdings announced that it has acquired Casita de los Niños, LLC, a company doing business as Immersion House. Immersion House is devoted to helping children and their families learn new languages and gain cultural experiences in those targeted languages.
buyer: Novation Holdings
Novation Holdings is a company lead by Michael Gelmon, based in FL. "
target parent: Healthcare of Today
target: Immersion House
Immersion House is a before and after school language enrichment program for students in kindergarten through third grade. Casita de los Niños is the flagship company for Immersion House.
price ($mm)
$0.10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/6/2013 via Reuters

CookPad Inc., will acquire Coach United, Inc.

synopsis: CookPad, Inc. announced that it will acquire Coach United Inc., which owns and operates music schools, language schools, and cram schools. The company was founded in 2007 and is based in Tokyo, Japan.
buyer: CookPad Inc. (TSE:2193:$73.92)
CookPad is Japan’s top recipe site allowing visitors to upload and search through original, user-created recipes. Currently being used by almost 80-90% of all Japanese women in their 20-30s, CookPad has become an essential tool in enabling families to enjoy cooking across Japan. "
target: Coach United, Inc.
Coach United, Inc. owns and operates music schools, language schools, and cram schools. The company was founded in 2007 and is based in Tokyo, Japan.
price ($mm)
$10
rev ($mm)
$1
EBITDA ($mm)
EV / rev
8.4x
EV / EBITDA
closed 3/27/2019 via PR Web

Alc Press Inc., acquired OKpanda

synopsis: ALC Press, a language-focused educational service provider in Japan, has acquired OKpanda, an English learning platform that includes instant messaging, live voice, and digital curricula. OKpanda connects English learners with amazing, certified ESL teachers who train users through the best of digital self learning content.
buyer parent: Freebit Co. Ltd.
buyer: Alc Press Inc.
ALC Press Inc. is a language-focused educational service provider in Japan. It engages in the planning, production, and sale of materials for distance learning in Japan. ALC Press provides language learning materials as well as learning courses over the internet. "
target: OKpanda
OKpanda is an English learning platform that includes instant messaging, live voice, and digital curricula. OKpanda connects English learners with amazing, certified ESL teachers who train users through the best of digital self learning content.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 8/20/2018 via BNC Analysis

Kyoshin Co., Ltd., will acquire English Language Company Australia Pty Ltd

synopsis: Kyoshin Co., Ltd., a Japanese company that operates cram schools in Japan, Germany, China, and the USA, will acquire English Language Company (ELC), an English language school in Sydney Australia. ELC's students learn English quickly and effectively following the most innovative and highest quality English language programs available.
buyer: Kyoshin Co., Ltd. (TSE:4735:$162.12)
Kyoshin Co., Ltd. is a Japanese company that operates cram schools in Japan, Germany, China, and the USA. Their schools are aimed at primary to high school students. Kyoshin provides services for exam preparation, English language learning for young children, and Japanese language learning. "
target: English Language Company Australia Pty Ltd
Founded in 2003, English Language Company (ELC) is a multi-award winning English language school in Sydney Australia. Students who study English at ELC learn English quickly and effectively following the most innovative and highest quality English language programs available.
price ($mm)
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announced 1/14/2019 via Company Press Release

Australian Apex Education Pty Ltd, will purchase Ability Education and MEGT Institute from MEGT

synopsis: Australian Apex Education, a subsidiary of SDM Group Holdings and a leading provider of Vocational Education and Training, will acquire Ability Education and Institute Training (MEGT Institute) from MEGT. Ability Education provides English courses to international students. Institute Training provides courses on early childhood education and care.
buyer parent: SDM Jazz and Ballet Academie
buyer: Australian Apex Education Pty Ltd
Apex Institute of Education is one of Australia's leading private providers of Vocational Education and Training for international and domestic students. Apex offers a range of quality courses developed and taught by highly experienced and qualified trainers in a diverse and inclusive environment. "
seller: MEGT
Ability Education provides English courses covering conversational, practical and academic English to international students. Institute Training is a Registered Training Organisation in Australia and a specialist provider for national accredited courses on early childhood education and care.
price ($mm)
$3.28
rev ($mm)
$10
EBITDA ($mm)
$0
EV / rev
0.3x
EV / EBITDA
12.7x
announced 1/9/2013 via BusinessWire

CIBT Education Group Inc., will acquire Linkman International Language Institute

synopsis: CIBT Education Group Inc. has agreed to buy Linkman International Language Institute. Linkman is a language training institution in China that specializes in English language training for students in elementary and middle school, but also train students in high school as well as adults.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. "
target: Linkman International Language Institute
Linkman International Language Institute is a language training institution. Linkman provides high quality English training programs to over 200 students in a wide range of age groups, but specializes in Children’s English programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 9/18/2013 via Market Wire

Loyalist Group Limited, acquired KGIC Education Group

synopsis: Loyalist Group Limited is pleased to announce that, on September 17, 2013, it has completed the acquisition of KGIC Language College Corp. ("KGIC"), an accredited and licensed English-as-a-second-language school, and KGIC Business College Corp.
buyer: Loyalist Group Limited (TSX-V:LOY:$47.90)
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs. "
target parent: CIBT Education Group Inc.
target: KGIC Education Group
KGIC Education Group, Inc., a language school, provides English language learning programs in Canada. The company offers language enhancement programs, summer programs, and workshops.
price ($mm)
$9.01
rev ($mm)
$24
EBITDA ($mm)
EV / rev
0.5x
EV / EBITDA
announced 1/9/2013 via BusinessWire

CIBT Education Group Inc., will acquire Linkman International Language Institute

synopsis: CIBT Education Group Inc. has agreed to buy Linkman International Language Institute. Linkman is a language training institution in China that specializes in English language training for students in elementary and middle school, but also train students in high school as well as adults.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. "
target: Linkman International Language Institute
Linkman International Language Institute is a language training institution. Linkman provides high quality English training programs to over 200 students in a wide range of age groups, but specializes in Children’s English programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/15/2010 via PR Newswire

CIBT Education Group Inc., acquired KGIC Education Group

synopsis: CIBT Education Group Inc. is pleased to announce that it has completed the acquisition KGIC Education Group of Vancouver, British Columbia. KGIC Education Group is one of the largest private English language training schools and business colleges in Canada with 7 campuses.
buyer parent: Capital Alliance Group Inc.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management and investment company with a special focus on the global education market. Its subsidiaries include CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp. "
target: KGIC Education Group
With five campuses and 1500 full-time students, KGIC is one of the largest ESL & Business institutions in Canada. KGIC offers outstanding courses in English, Career development and Business; Teacher training diplomas; and Youth summer Programs.
price ($mm)
$4.68
rev ($mm)
$14
EBITDA ($mm)
EV / rev
0.6x
EV / EBITDA
announced 9/2/2008 via PR Newswire

CIBT Education Group Inc., will acquire Concordia Group

synopsis: CIBT Education Group Inc. is pleased to report that it has entered into an agreement with Concordia Career College and Modus International Language Institute (collectively "Concordia Group") of Vancouver, BC to acquire all the revenue, fixed assets, licensing rights, and intellectual properties.
buyer parent: Capital Alliance Group Inc.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management and investment company with a special focus on the global education market. Its subsidiaries include CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp. "
target: Concordia Group
Concordia Group is the parent of Concordia Career College and Modus International Language Inst. Concordia and Modus are both established career and English language schools with a special focus on the Korean, Japanese and Latin American markets.
price ($mm)
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closed 12/17/2007 via Company Press Release

CIBT Education Group Inc., acquired Sprott-Shaw Community College

synopsis: CIBT Education Group Inc. is pleased to announce that it has completed its acquisition of Sprott-Shaw Community College (“SSCC”). Existing SSCC management has been retained to continue day to day operations and conduct SSCC’s expansion into other parts of Canada and Asia by joining forces with CIBT Schools in China.
buyer parent: Capital Alliance Group Inc.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management and investment company with a special focus on the global education market. Its subsidiaries include CIBT School of Business, Tourism Training Institute (Beijing), and Sprott-Shaw Degree College Corp. "
target: Sprott-Shaw Community College
Established in 1903, Sprott-Shaw Community College (SSCC) is the oldest and largest private career college in British Columbia. SSCC operates career and vocational schools, language training schools, and a baccalaureate degree granting college through 17 campuses in Western Canada.
price ($mm)
$12
rev ($mm)
$32
EBITDA ($mm)
$3
EV / rev
0.4x
EV / EBITDA
4.0x
announced 1/9/2013 via BusinessWire

CIBT Education Group Inc., will acquire Linkman International Language Institute

synopsis: CIBT Education Group Inc. has agreed to buy Linkman International Language Institute. Linkman is a language training institution in China that specializes in English language training for students in elementary and middle school, but also train students in high school as well as adults.
buyer: CIBT Education Group Inc. (MBA:$57.97)
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries. "
target: Linkman International Language Institute
Linkman International Language Institute is a language training institution. Linkman provides high quality English training programs to over 200 students in a wide range of age groups, but specializes in Children’s English programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 4/29/2019 via PR Web

Excel Education Systems, Inc., acquired Washington Online Learning Institute

synopsis: Excel Education Systems, Inc., a leading provider of K-12 and post-secondary distance education services, has acquired Washington Online Learning Institute (WOLI), an accredited career college in the US. WOLI offers regionally accredited online certificate and diploma programs and courses to students in all 50 States and overseas.
buyer: Excel Education Systems, Inc.
Excel Education Systems is a leading provider of K-12 and post-secondary distance education services, serving students and schools around the country, and around the world. Excel Education Systems is a for-purpose organization dedicated to transforming the way students learn. "
target: Washington Online Learning Institute
Washington Online Learning Institute (WOLI) is an accredited career college in the US. WOLI offers regionally accredited online certificate and diploma programs and courses to students in all 50 States and overseas. Their subjects include legal studies, business, health care, and IT.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 8/2/2017 via BNC Analysis

East Arkansas Community College, acquired Crowley's Ridge Technical Institute

synopsis: Crowley's Ridge Technical Institute, a technical institute in eastern Arkansas, has merged with a neighboring community college, East Arkansas Community College. The Forrest City schools have operated independently alongside each other for decades.
buyer: East Arkansas Community College
East Arkansas Community College (EACC) is a full-service community college that serves a large portion of Eastern Arkansas. EACC offers students a variety of academic, technical, vocational, allied health, business and industry training, and non-credit programs. "
target: Crowley's Ridge Technical Institute
Crowley’s Ridge Technical Institute (CRTI) is a technical college in Forrest City, Arkansas that provides skilled workers for local industries. CRTI's purpose was, at its inception and is still, to train individuals in specific skills to increase their employability.
price ($mm)
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closed 2/9/2007 via Company Press Release

ATI Enterprises, Inc., acquired South Texas Vocational Technical Institute

synopsis: Riverside acquired South Texas Vocational Technical Institute, a proprietary school offering allied health, business, childcare, computer, legal and English as a Second Language programs, as an add-on to ATI Enterprises, a post-secondary for-profit vocational school.
buyer parent: The Riverside Company
buyer: ATI Enterprises, Inc.
ATI offers specialized training to students in the automotive, IT, and healthcare industries. ATI Enterprises operates vocational schools and training centers in Texas, Florida, Arizona and New Mexico. "
target: South Texas Vocational Technical Institute
South Texas Vocational Technical Institute offers high-quality career training to help prepare our students for rewarding and successful careers in Health Care, Business, Computers, Legal and Massage Therapy.
price ($mm)
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announced 5/5/2017 via BNC Analysis

Baiyang Investment Group, Inc., will acquire Marsera Institute of Digital Arts Co., Ltd.

synopsis: Baiyang Investment Group (Baiyang) is acquiring Beijing Mars Era Technology (Mars). Founded in 2001, Mars operates an online platform that teaches subjects including digital game and animated film design.
buyer: Baiyang Investment Group, Inc. (SZSE:002696:$309.04)
Baiyang Investment Group (Baiyang) was founded in 2000. Awarded as national leading enterprise of agricultural industrialization, Baiyang group has built up a complete industrial chain and the business includes aquatic R&D, aquatic fry breeding and more. "
target: Marsera Institute of Digital Arts Co., Ltd.
Founded in 2001, Marsera Institute of Digital Arts Co., Ltd. operates an online platform that teaches subjects including digital game and animated film design. Marsera offers more than 20 professional courses, including UI design, game design, film and television special effects and more.
price ($mm)
$136
rev ($mm)
$59
EBITDA ($mm)
$9
EV / rev
2.3x
EV / EBITDA
15.4x
announced 2/4/2015 via BNC Analysis

Intueri Education Group Limited, will acquire Information Technology Training Institute

synopsis: New Zealand's largest private training college Intueri Education Group has agreed to buy the Information Technology Training Institute (ITTI). They offer courses in IT service, networking, and computer systems administration and engineering with certification in CompTIA, Microsoft, or Cisco upon completion.
buyer: Intueri Education Group Limited (NZSE:IQE:$13.22)
The Intueri Education Group is one of New Zealand's largest private vocational educational groups. They specialise in providing industry relevant training across a number of exciting industries and they work closely with those industries to ensure their graduates find employment. "
target: Information Technology Training Institute
Information Technology Training Institute (ITTI) is a Private Tertiary Education Institute, a specialist provider of courses in IT service, networking, and computer systems administration and engineering. Every course leads to an international certification: CompTIA, Microsoft, or Cisco.
price ($mm)
$0.79
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/20/2017 via PR Newswire

Lynn University, will acquire Digital Media Arts College (DMAC)

synopsis: Lynn University announced it has signed an agreement to purchase the assets of Digital Media Arts College (DMAC). Founded in 2002, DMAC focuses on programs in graphic design, game art, animation, visual effects and web design to prepare students for professional careers in the digital arts.
buyer: Lynn University
Lynn University is an independent college based in Boca Raton, Florida, with approximately 3,000 students from 100 countries. U.S. News & World Report ranks Lynn as the top international university in the region. "
target: Digital Media Arts College (DMAC)
Digital Media Arts College (DMAC) is a private, boutique art and design college based in Boca Raton, Florida. Founded in 2002, DMAC focuses on programs in graphic design, game art, animation, visual effects and web design to prepare students for professional careers in the digital arts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/1/2017 via BNC Analysis

Canadian Tourism College, will acquire CG Masters Academy Inc.

synopsis: Asia Pacific Education Group (APEDU), a post-secondary education business that operates Canadian Tourism College, the longest operating tourism college in B.C. reached an agreement to buy CG Masters. CG Masters is the only school in the world teaching comprehensive studio production operations, processes, and procedures.
buyer: Canadian Tourism College
Canadian Tourism College (CTC) is the longest-running tourism college in Western Canada and offers unique hands-on training, including courses such as river rafting, heritage interpretation and wilderness training for the Adventure Tourism Diploma program. "
target: CG Masters Academy Inc.
CG Masters is the only school in the world teaching comprehensive studio production operations, processes, procedures and responsibilities. Don’t just learn software, learn how to work in a real job. CG Masters has custom trained students in their intensive one-year diploma program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/18/2016 via BNC Analysis

Udemy, acquired Talentbuddy

synopsis: Vancouver-based Talentbuddy, an online school that focuses on teaching full stack web development, has been acquired by Udemy, an online learning and teaching marketplace headquartered in San Francisco.
buyer: Udemy
Udemy is the world’s online learning marketplace, where 7 million+ students are taking courses in everything from programming to yoga to photography–and much, much more. Each of its 30,000+ courses is taught by an expert instructor. "
target: Talentbuddy
Talentbuddy is an online school where you can learn the skills to land your JavaScript web development job. Talentbuddy helps users learn with hands-on courses and 1:1 mentorship programs designed by professional JavaScript developers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/28/2019 via BNC Analysis

Dean Tech merged with Rosedale Technical College,

synopsis: Two Pittsburgh-area tradel schools are merging, creating an educational institution with an enrollment of about 410 students. Dean Tech is merging with Rosedale Technical College, with the combined facility operating under the Rosedale Technical College flag. Dean Tech is a nationally accredited Trade School offering technical training.
buyer: Rosedale Technical College
Founded in 1949, Rosedale Technical College has a rich history of preparing students for employment in the trades. Rosedale provides students with the proper knowledge and equipment, as well as the necessary hands-on experience required for their field. "
target: Dean Tech
Dean Tech is a nationally accredited Trade and Technical School offering technical training which will prepare the graduate for employment opportunities. Dean Tech offers courses in the electrical trades, heating & air conditioning, building maintenance, or welding.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/1/2008 via BNC Analysis

National Aviation Academy, purchased Bedford, MA School from WyoTech

synopsis: National Aviation Academy, a leader in Aviation Maintenance and Avionics Training headquartered in Clearwater, FL, has completed the acquisition of Wyotech's Bedford, MA Aeronautical Maintenance Technology School from Corinthian Colleges, Inc. on May 1, 2008.
buyer: National Aviation Academy
National Aviation Academy is a nationally recognized aviation maintenance training school. NAA's programs prepare students for certification by the Federal Aviation Administration and gives them the knowledge and confidence they need to be successful as Aviation Maintenance Technicians (AMTs). "
seller parent: Corinthian Colleges, Inc.
seller: WyoTech
WyoTech was founded in 1966, is accredited by the Accrediting Commission of Career Schools and Colleges of Technology (ACCSCT), and offers diploma and degree programs in Automotive Technology, Diesel Technology, Applied Service Management, and Collision/Refinishing. In 1998, automotive technicians
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/15/2012 via BNC Analysis

Wicks Group of Companies, acquired Southern Technical College

synopsis: The Wicks Group of Companies, LLC, a New York-based private equity firm, announced that an affiliate has completed the acquisition of Southern Technical Institute, Inc., a family owned and operated for-profit vocational college with six campuses located in central Florida.
buyer: Wicks Group of Companies
The Wicks Group of Companies, L.L.C. is a private equity firm based in New York City that invests in lower-middle-market companies operating in selected segments of the information, education and media industries principally in the United States and Canada. "
target: Southern Technical College
Southern Technical College is a career education school dedicated to providing students with the best possible career training and education in a student-centered environment. They have been helping students in Florida to prepare for their future careers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/14/2019 via Company Press Release

Australian Apex Education Pty Ltd, will purchase Ability Education and MEGT Institute from MEGT

synopsis: Australian Apex Education, a subsidiary of SDM Group Holdings and a leading provider of Vocational Education and Training, will acquire Ability Education and Institute Training (MEGT Institute) from MEGT. Ability Education provides English courses to international students. Institute Training provides courses on early childhood education and care.
buyer parent: SDM Jazz and Ballet Academie
buyer: Australian Apex Education Pty Ltd
Apex Institute of Education is one of Australia's leading private providers of Vocational Education and Training for international and domestic students. Apex offers a range of quality courses developed and taught by highly experienced and qualified trainers in a diverse and inclusive environment. "
seller: MEGT
Ability Education provides English courses covering conversational, practical and academic English to international students. Institute Training is a Registered Training Organisation in Australia and a specialist provider for national accredited courses on early childhood education and care.
price ($mm)
$3.28
rev ($mm)
$10
EBITDA ($mm)
$0
EV / rev
0.3x
EV / EBITDA
12.7x
announced 10/17/2018 via GlobeNewswire

Anvia Holdings, will acquire The Eagle Academy

synopsis: Anvia Holdings Corporation announced that it has executed a term sheet to acquire Xamerg Pty Ltd, an Australian Vocational Education institution, trading under the brand Eagle Academy. The Eagle Academy has established itself as a leading education institution in Sports Management, English Language to foreign students, Business and Management.
buyer: Anvia Holdings (OTCPK:ANVV:$2.35)
Anvia Holdings is the world's integrated end to end service provider for blue collar workers by training, certification, placement services, entrepreneur services and provision of the blue collar services on demand for consumers and businesses around the world. "
target: The Eagle Academy
The Eagle Academy has established itself as a leading education institution in Sports Management, English Language to foreign students, Business and Management. They currently have campuses in two states in Australia: Queensland and Victoria.
price ($mm)
$0.93
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/16/2018 via Bloomberg

Adecco Group, acquired General Assembly

synopsis: Adecco Group, which recruits both permanent and temporary employees for large businesses, is buying the digital retraining firm General Assembly. General Assembly, based in New York, runs 20 facilities around the world where it teaches employees subjects such as web development, user experience design, digital marketing and more.
buyer: Adecco Group (SWX:ADEN:$25,983.48)
The Adecco Group is the world’s leading provider of workforce solutions, transforming the world of work through talent and technology. Each year, The Adecco Group provides over 1 million people around the world with career opportunities, guidance and insights. "
target: General Assembly
General Assembly, which was founded in 2011 and is based in New York, runs 20 facilities around the world where it teaches employees subjects such as web development, user experience design, digital marketing and increasingly, data science and machine learning.
price ($mm)
$413
rev ($mm)
$100
EBITDA ($mm)
EV / rev
4.1x
EV / EBITDA
closed 10/6/2016 via Company Press Release

Australian College of Training and Employment, acquired DDLS

synopsis: Australian vocational education provider, the Australian College of Training and Employment (ACTE) Group has acquired DDLS, Australia’s leading, trusted ICT training partner, as both organisations look to expand and strengthen their positions in the fast growing ICT industry.
buyer: Australian College of Training and Employment
The Australian College of Training and Employment (ACTE) was established in 2006 to provide every Australian with the opportunity to transform their life through education. "
target parent: Nippon Telegraph and Telephone Corporation
target: DDLS
With over 20 years experience DDLS is the Australian leader in IT Technical Training, Certification and Professional Development, enabling their customers to successfully deploy technology, effectively manage processes and deliver quality service.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/1/2014 via BusinessWire

Kuepa, acquired Cedumec

synopsis: Kuepa.com has acquired Cedumec, one of Latin America’s workforce development schools, which provides courses and other educational programs for adults in Mexico City. Cedumec provides training in computer science, computer assembly and repair, English language, and CENEVAL, a standardized test for adults who wish to validate high school studies.
buyer: Kuepa
Kuepa provides workforce development blended and online learning solutions to adults throughout Latin America. Through its proprietary platform and blended learning content, Kuepa has trained over 30,000 students since its founding three years ago. "
target: Cedumec
Cedumec is an institution with over 30 years of experience in providing quality education for adults. It provides training in computer science, computer assembly and repair, English language, and CENEVAL, a standardized test for adults who wish to validate high school studies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/3/2013 via Bloomberg

Pearson plc, will acquire Grupo Multi Holding

synopsis: Pearson Plc agreed to acquire Grupo Multi, an English-language training company in Brazil, as the London-based company accelerates growth in its education business. Group Multi Holding is a leader in the market of language teaching, information technology and vocational education.
buyer: Pearson plc (LSE:PSON:$5,359.58)
Pearson is the world’s leading learning company. Through its books, newspapers and online products and services, Pearson helps people of all ages to live and learn. "
target: Grupo Multi Holding
Group Multi Holding is a Brazilian multinational and world leader in the market of language teaching, information technology and vocational education.
price ($mm)[EV]
$722 [$829]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/31/2011 via BusinessWire

NH United, LLC, acquired United Training, Inc.

synopsis: NH United, LLC (previously known as NH Northeast), a technology training and education business, has acquired United Training, Inc., a consortium of independently owned and operated IT training centers from around North America. This acquisition integrates a major competitor with multiple key global customer relationships.
buyer parent: O2 Investment Partners, LLC
buyer: NH United, LLC
NH United, formerly NH Northeast, provides IT training, desktop applications, and business skills training for companies and individuals. Its technical training services include Cisco, Citrix, CompTIA, Intel, ITIL, Linux, Microsoft technical, Oracle, security, storage, and more. "
target: United Training, Inc.
United Training is a consortium of independently owned and operated Information Technology training centers from around North America. United Training's member companies are committed to training excellence, growing the IT marketplace, and the career development of each student.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/5/2010 via Capital IQ

BC Partners, acquired ATI Enterprises, Inc.

synopsis: BC Partners has acquired ATI Holding Company. ATI operates vocational schools and training centers in Texas, Florida, Arizona and New Mexico.
buyer: BC Partners
BC Partners is a leading private equity firm that has played an active role in the development of the large buy-out market for 20 years. The firm operates as an integrated team through its offices in Europe and America. "
target parent: The Riverside Company
target: ATI Enterprises, Inc.
ATI offers specialized training to students in the automotive, IT, and healthcare industries. ATI Enterprises operates vocational schools and training centers in Texas, Florida, Arizona and New Mexico.
price ($mm)[EV]
$331 [$581]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: TSE:4735
 
 
 
 
 
 
 
 
Kyoshin Co., Ltd.
Kyoshin Co., Ltd.
Kyoshin Co., Ltd. is a Japanese company that operates cram schools in Japan, Germany, China, and the USA. Their schools are aimed at primary to high school students. Kyoshin provides services for exam preparation, English language learning for young children, and Japanese language learning.
year
2018
rev ($mm)
$162.12
EBITDA ($mm)
$12.17
EBIT ($mm)
$4.76
Net Income ($mm)
$4.86
Employees
1463
  • drill down
  • watch
Ticker: TSX-V:LOY
 
 
 
 
 
 
 
 
Loyalist Group Limited
Loyalist Group Limited
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs.
year
2014
rev ($mm)
$47.90
EBITDA ($mm)
$5.40
EBIT ($mm)
$4.40
Net Income ($mm)
$3.00
Employees
24
  • drill down
  • watch
Ticker: TSE:6096
 
 
 
 
 
 
 
 
RareJob Inc.
With the largest number of students, RareJob is the top online English school in Japan. They have provided over 10,000,000 lessons and have helped more than 10,000 Filipino tutors. They aim to provide the best learning experience to students and the most ideal working environment for their tutors.
year
2018
rev ($mm)
$30.81
EBITDA ($mm)
$2.73
EBIT ($mm)
$1.24
Net Income ($mm)
$0.44
Employees
523
  • drill down
  • watch
Ticker: MBA
 
 
 
 
 
 
 
 
CIBT Education Group Inc.
CIBT Education Group Inc.
CIBT Education Group Inc. is an education management company focused on the global education market. CIBT Group owns and operates a network of business, technical and language colleges and offers cooperative joint programmes in 18 countries.
year
2012
rev ($mm)
$57.97
EBITDA ($mm)
$2.61
EBIT ($mm)
($0.20)
Net Income ($mm)
Employees
564
  • drill down
  • watch
Ticker: TEDU
 
 
 
 
 
 
 
 
Tarena
Tarena
Tarena International, Inc. is a leading provider of professional education services in China. Through its innovative education platform combining live distance instruction, classroom-based tutoring and online learning modules, Tarena offers professional education courses in twelve IT subjects.
year
2017
rev ($mm)
$312.82
EBITDA ($mm)
$38.34
EBIT ($mm)
$26.81
Net Income ($mm)
$29.29
Employees
6257
  • drill down
  • watch
Ticker: ESI
 
 
 
 
 
 
 
 
ITT Educational Services, Inc.
ITT Educational Services, Inc.
ITT Technical Institute is the largest US provider of post-secondary technical education, and offers associate and bachelor degree programs to approximately 61,000 students through more than 100 campuses in 37 states.
year
2013
rev ($mm)
$1,069.98
EBITDA ($mm)
$196.56
EBIT ($mm)
$169.31
Net Income ($mm)
$59.38
Employees
7350
  • drill down
  • watch
Ticker: PSE:STI
 
 
 
 
 
 
 
 
STI Education Services Group, Inc.
STI Education Services Group, Inc.
STI Education Services Group, Inc. is one of the largest network of schools in the Philippines providing a range of highly-relevant academic programs in the fields of Information & Communications Technology, Business, Engineering, Healthcare, and more.
year
2018
rev ($mm)
$54.75
EBITDA ($mm)
$17.89
EBIT ($mm)
$9.43
Net Income ($mm)
$7.29
Employees
2621
  • drill down
  • watch
Ticker: ASX:AKG
 
 
 
 
 
 
 
 
Academies Australasia Pty Limited
Academies Australasia is an education provider that service through 10 separately colleges operating in Australia and Singapore. They offer English language, Senior High School, Singapore Government School Preparatory Certificate, Diploma, Advanced Diploma, Bachelor and Master degree courses.
year
2013
rev ($mm)
$37.46
EBITDA ($mm)
$6.18
EBIT ($mm)
$5.53
Net Income ($mm)
$4.13
Employees
47
  • drill down
  • watch
Ticker: EDU
 
 
 
 
 
 
 
 
New Oriental
New Oriental
New Oriental is the largest comprehensive educational company in China. The business of New Oriental includes pre-school education, general courses for students of various age levels, online education, overseas study consulting, and textbook publishing.
year
2012
rev ($mm)
$771.72
EBITDA ($mm)
$143.16
EBIT ($mm)
$116.80
Net Income ($mm)
$132.69
Employees
18763
  • drill down
  • watch
Ticker: TSE:4735
 
 
 
 
 
 
 
 
Kyoshin Co., Ltd.
Kyoshin Co., Ltd.
Kyoshin Co., Ltd. is a Japanese company that operates cram schools in Japan, Germany, China, and the USA. Their schools are aimed at primary to high school students. Kyoshin provides services for exam preparation, English language learning for young children, and Japanese language learning.
year
2018
rev ($mm)
$162.12
EBITDA ($mm)
$12.17
EBIT ($mm)
$4.76
Net Income ($mm)
$4.86
Employees
1463
  • drill down
  • watch
Ticker: TSE:6096
 
 
 
 
 
 
 
 
RareJob Inc.
With the largest number of students, RareJob is the top online English school in Japan. They have provided over 10,000,000 lessons and have helped more than 10,000 Filipino tutors. They aim to provide the best learning experience to students and the most ideal working environment for their tutors.
year
2018
rev ($mm)
$30.81
EBITDA ($mm)
$2.73
EBIT ($mm)
$1.24
Net Income ($mm)
$0.44
Employees
523
  • drill down
  • watch
Ticker: TSX-V:LOY
 
 
 
 
 
 
 
 
Loyalist Group Limited
Loyalist Group Limited
Loyalist Group is an educational organization that is in the business of providing in-class private education services, with an emphasis on teaching the following: (i) ESL; (ii) professional development courses; and (iii) college transfer preparation programs.
year
2014
rev ($mm)
$47.90
EBITDA ($mm)
$5.40
EBIT ($mm)
$4.40
Net Income ($mm)
$3.00
Employees
24
  • drill down
  • watch
Ticker: EVCI
 
 
 
 
 
 
 
 
EVCI Career Colleges
EVCI owns and operates accredited careers and college centers. Our vision is to grow both internally through the addition of new campuses and instructional programs and externally by acquiring additional degree granting institutions.
year
2006
rev ($mm)
$65.45
EBITDA ($mm)
($2.61)
EBIT ($mm)
($6.02)
Net Income ($mm)
Employees
  • drill down
  • watch