Like Red Tie Music, LLC

closed 3/24/2016 via PR Web

Liberty University, acquired Red Tie Music, LLC

synopsis: To support its growing commercial music programs, as well as to give a platform for budding artists and music industry professionals, the Liberty University School of Music has acquired Red Tie Music. The company is a professional Christian music publishing and recording label.
buyer: Liberty University
Liberty University is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. Liberty’s mission is to train Champions for Christ with the values, knowledge, and skills essential for impacting tomorrow’s world. "
target: Red Tie Music, LLC
Red Tie is a link between the world and the music and songs coming from the student songwriters, alumni, faculty and staff at the Center for Worship at Liberty University and Thomas Road Baptist Church.
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closed 7/31/2019 via BNC Analysis

Sony Music Masterworks, acquired Milan Records

synopsis: Milan Records, one of the leading soundtrack labels, has been acquired by Sony Music Masterworks. Sony Music Masterworks also acquired Jade, Milan’s sister label, which has roughly 500 classical and liturgical albums in its catalog.
buyer parent: Sony Corporation
buyer: Sony Music Masterworks
Sony Music Masterworks (better known as Sony Masterworks) is a record label, the result of a restructuring of Sony Music's classical music division. "
target: Milan Records
Milan Records is a record label located in Los Angeles, California specializing in film scores and soundtrack albums. Jade, Milan’s sister label, has roughly 500 classical and liturgical albums in its catalog.
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closed 8/5/2010 via PR Newswire

Universal Music Publishing Group, purchased Music Publishing Assets from Maranatha Music

synopsis: Universal Music Publishing Group (UMPG) has acquired the music publishing assets of Maranatha! Music. As one of the most widely-recognized and highly-regarded catalogs in the popular Praise and Worship genre, Maranatha! Music is also one of the most active song catalogs on the CCLI charts.
buyer: Universal Music Publishing Group
Universal Music Publishing Group (UMPG) is the industry's leading global music publishing operation and is part of Universal Music Group. UMPG represents music in every genre from many of the world's top songwriters and catalogs including Beastie Boys, Justin Bieber and Mariah Carey. "
seller: Maranatha Music
Maranatha! Music has become synonymous with Christian music. The label is a pioneer in praise and worship music publishing. Each year, Maranatha! is dedicated to introducing new songs and promoting its classics to the church through song publishing, music in stores and church leadership training.
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closed 3/2/2016 via BNC Analysis

Curb Records, Inc., acquired Word Entertainment, Inc.

synopsis: US independent music company Curb Records has acquired the 80% stake that it did not own in Word Entertainment, a Christian faith-based entertainment company, from Warner Music Group. Founded in 1951, Word Entertainment is active in recorded music, publishing, film, live events, and church resources.
buyer: Curb Records, Inc.
Curb Records is one of the world’s leading independent music companies. Their roster includes some of the top names in Country, Christian and Pop/Rock music. Curb Records has achieved 433 number one records, over 1,500 hundred Top Ten records and charted over 4,500 total records. "
target parent: Access Industries
target: Word Entertainment, Inc.
A leader in the Christian music community for over 60 years, Word Entertainment is a unique, comprehensive faith-based company comprised of multi-faceted artist service departments including recorded music, distribution, publishing, film, merchandising, church resources, and live events.
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closed 9/27/2017 via BNC Analysis

Concord Music Group, acquired Savoy Label Group

synopsis: Concord Music, one of the largest integrated music publishing and record companies in the world, is proud to announce the acquisition of celebrated recording company, Savoy Label Group. Founded in 1942, Savoy Label Group includes the celebrated Savoy Jazz catalog and more than 3,000 master recordings.
buyer parent: MassMutual
buyer: Concord Music Group
The Concord Music Group is one of the largest independent record and music publishing companies in the world and owner of a rich and, in many cases, historically significant catalog of recordings. "
target: Savoy Label Group
Savoy Records is an American record company and label established in 1942 in Newark, New Jersey. Savoy specializes in jazz, rhythm and blues, and gospel music.
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closed 10/23/2019 via BNC Analysis

Christian Television Corp., acquired KWHB TV

synopsis: Christian Television Network, a broadcasting company that is equipped to bring the gospel of Jesus Christ to every home in the world by satellite broadcasting, local on-air television stations, and many cable stations, acquired KWHB, a TV broadcaster in Tulsa, Oklahoma that offers the very best in family-friendly and inspirational programming.
buyer: Christian Television Corp.
Christian Television Network is equipped to bring the gospel of Jesus Christ to every home in the world by satellite broadcasting, local on-air television stations, and many cable stations. Their programs are representative of an interdenominational mix which features a variety of programming. "
target parent: Family Broadcasting Group, Inc.
target: KWHB TV
KWHB is a TV broadcaster in Tulsa, Oklahoma that offers the very best in family-friendly and inspirational programming. It is a religious-secular independent television station owned by is owned by the Family Broadcasting Corporation.
price ($mm)
$2.10
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closed 10/25/2010 via BusinessWire

Left Behind Games, Inc., acquired Cloud 9 Games, Inc.

synopsis: Left Behind Games Inc., dba LB Games®, the leading publisher of exclusively Christian video games, announced that it has acquired the assets of Cloud 9 Games™, a company viewed as the second most successful Christian video games publisher.
buyer: Left Behind Games, Inc. (LFBG:$1.60)
Left Behind Games Inc., dba LB Games®, dba Inspired Media Entertainment™, has become one of the world's leading independent developers and publishers of quality interactive entertainment products that perpetuate positive values and appeal to mainstream and faith-based audiences. "
target: Cloud 9 Games, Inc.
Cloud 9 Games, Inc. is the leader in faith based entertainment. Cloud 9 develops and publishs music games, singing games and Bible trivia games. Their goal is to provide fun, uplifting games that bring families together.
price ($mm)
$0.03
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closed 7/1/2010 via Company Press Release

Richard and Maria Cook, acquired Gener8xion Entertainment, Inc.

synopsis: Matthew Crouch, then Chairman of the Board of Gener8Xion and his wife, Laurie Crouch entered into a Stock Purchase and Sale Agreement and sold 100% of their shares of stock in the Company to Richard and Maria Cook. As a result of the Share Purchase, the Cooks own approximately 51% of the outstanding Common Stock of the Company.
buyer: Richard and Maria Cook
Richard J. Cook, age 39, was president of the Gener8xion Entertainment, Inc. since 2008 and had been the de facto manager and chief operating officer of the company for ten years until he and his wife purchased the company. "
target: Gener8xion Entertainment, Inc.
Gener8Xion Entertainment, Inc. is an integrated media company engaged in various operating activities including film and television production and distribution, sales and rentals of film and video equipment, systems integration and studio facility management.
price ($mm)
$0.09*
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cancelled 4/20/2010 via Capital IQ

Digital Praise cancelled merger with Left Behind Games, Inc.,

synopsis: Left Behind Games Inc. Cancelled the Acquisition of Digital Praise Inc.
buyer: Left Behind Games, Inc. (LFBG:$1.60)
Left Behind Games Inc. was founded in October 2001 for the purpose of developing games based upon the intensely popular Left Behind Series. "
target: Digital Praise
Digital Praise is a developer, publisher and distributor of well-known games such as Adventures in Odyssey®, Guitar Praise™, Dance Praise® (including VeggieTales® edition), Light Rangers, as well as Hermie & Friends™, aMazing Bible and two new iPhone game apps.
price ($mm)
$3.18
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closed 8/2/2006 via PR Newswire

Gaiam, Inc., acquired Cinema Circle, Inc.

synopsis: Gaiam, Inc., a branded lifestyle-media company catering to people who value personal development, natural health and inspirational media, announced that it has acquired an approximately 63% ownership interest in Cinema Circle, Inc. for $6.9 million in cash.
buyer: Gaiam, Inc. (GAIA:$156.95)
Gaiam is a provider of information, goods and services to customers who value the environment, a sustainable economy, healthy lifestyles, alternative healthcare and personal development. "
target: Cinema Circle, Inc.
Cinema Circle, Inc. is the parent company of Spiritual Cinema Circle, a subscription-based DVD film club designed to connect "spiritual" moviegoers around the world founded in 2004 by Hollywood veteran producer, Stephen Simon.
price ($mm)
$3.40*
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closed 2/6/2006 via BusinessWire

Bonanza Gold, Inc., merged with Left Behind Games, Inc.

synopsis: Left Behind Games, exclusive licensee to develop computer and video games based upon the LEFT BEHIND series of books, announced today that its share exchange agreement with Bonanza Gold has closed. Left Behind Games is now a subsidiary of Bonanza Gold, a publicly traded company on the over-the-counter-bulletin-board, ticker symbol BZAG.OB.
buyer: Bonanza Gold, Inc.
Bonanza Gold, Inc. incorporated under the laws of the State of Washington on April 3, 1961 as Vermillion Gold, Inc. Since 1996, Bonanza has been inactive. Bonanza was organized primarily for the purpose of exploring for, acquiring and developing mineral properties with a potential for production. "
target: Left Behind Games, Inc. (LFBG:$1.60)
Left Behind Games Inc. was founded in October 2001 for the purpose of developing games based upon the intensely popular Left Behind Series.
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announced 5/29/2018 via Company Press Release

TRACE Company, will purchase Gospel Music Tv from THEMA SAS

synopsis: TRACE, a global multi-platform media and entertainment company, will acquire Gospel Music Tv from THEMA, a distributor of pay TV channels. Gospel Music Tv is a gospel music TV channel designed for the Sub-Saharan African audience. The channel offers African, American, contemporary, urban, and traditional gospel music.
buyer: TRACE Company
TRACE is a global multi-platform media and entertainment company that connects with multicultural audiences through premium afro urban music and content across 21 pay TV channels, radios, motion picture, online and mobile services in over 160 countries to 200M viewers and listeners. "
seller parent: Vivendi SA
seller: THEMA SAS
Gospel Music Tv is a gospel music TV channel designed for the Sub-Saharan African audience. The channel offers African, American, contemporary, urban, and traditional gospel music. Gospel Music Tv belongs to THEMA, a distributor of pay TV channels to cable, IPTV, and DTH operators.
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closed 5/12/2010 via GlobeNewswire

Left Behind Games, Inc., acquired LifeLine Studios, Inc.

synopsis: Left Behind Games Inc., a leading publisher of Christian video games, announced it has finalized the acquisition of the Charlie Church Mouse brand name from LifeLine Studios. This will include ownership of not only the games, but also the Charlie Church Mouse TV series.
buyer: Left Behind Games, Inc. (LFBG:$1.60)
Left Behind Games Inc. has become one of the world's leading independent developers and publishers of quality interactive entertainment products that perpetuate positive values and appeal to mainstream and faith-based audiences. "
target: LifeLine Studios, Inc.
Lifeline Studios seek to support the family with quality media that embraces faith-based values. Lifeline Studios provides television programs, computer games, web portals and films for Christian families around the world.
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closed 12/10/2014 via BusinessWire

Kingdom Games, acquired 4Soils

synopsis: Kingdom Games announced it has closed its acquisition of the assets of 4Soils, a Stanford-based Children’s Bible app producer. 4Soils is well-known for its Biblically-centered digital experiences for children. With this acquisition, Kingdom Games strengthens its mission to provide ethical and moral games to upcoming generations of all ages.
buyer: Kingdom Games
Kingdom Games is the industry leader of thoughtful gaming; the most reliable and trusted source in the market place for games that are family appropriate for all ages. Based on Biblical themes, Kingdom Games products are both entertaining and educational. "
target: 4Soils
4Soils brings Biblically centered digital experiences for children on mobile devices like iPad and iPhone. All elements of the stories are carefully and faithfully written to accurately reflect the facts in the Bible and includes interactive games, coloring, and songs.
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closed 10/3/2014 via PR Newswire

HarperCollins Christian Publishing, acquired Thomas Nelson Brasil

synopsis: HarperCollins Christian Publishing (HCCP) announced its acquisition of majority ownership of Thomas Nelson Brasil (TNB) from joint venture partner Ediouro Group. TNB was formed in 2006 as a partnership between Thomas Nelson Publishers and Ediouro.
buyer parent: News Corporation
buyer: HarperCollins Christian Publishing
HarperCollins Christian Publishing Inc. is a world leading Christian publisher. Comprised of the Thomas Nelson and Zondervan publishing groups, the Company has nearly 300 years of combined publishing experience. "
target parent: Ediouro Group
target: Thomas Nelson Brasil
Thomas Nelson Brasil was formed as a partnership between Thomas Nelson Publishers and Ediouro. Brazil has been one of the fastest growing Christian evangelical countries in the world, and Thomas Nelson used its publishing brand and Ediouro's infrastructure to introduce its U.S. authors to Brazil.
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announced 12/9/2009 via BusinessWire

Microgenix Manufacturing, Inc., will be merged with The Machine Productions

synopsis: Microgenix Manufacturing Inc. announced an agreement to acquire all of the outstanding Common Stock and assets of The Machine Productions Inc. (TMP). TMP is a multimedia entertainment company focusing on the delivery of audio and visual entertainment products to a diverse, international audience through mass merchandising outlets.
buyer: Microgenix Manufacturing, Inc.
Microgenix Manufacturing Inc. is in business to acquire operating companies with assets and revenue, help them with funding to increase their cash flow,assets and presence in the market for a better position against competitors and continuously growth. "
target: The Machine Productions
The Machine Productions Inc. is a California Corporation. Created as a multimedia entertainment company which will supply profitable, positive, audio and visual entertainment to a diverse, international consumer group.
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closed 6/2/2004 via BusinessWire

ROO Group, Inc., acquired Undercover Media Pty Ltd

synopsis: ROO Group, Inc. (OTCBB:ROOG) (www.roogroupinc.com) announced today that it has completed the purchase of the business and business assets of Undercover Media Pty Ltd (Undercover).
buyer: ROO Group, Inc. (RGRP:$0.00)
ROO Group Inc. through its 100% subsidiary ROO Media Corporation, is the online video solutions company focused on meeting the specific needs of large enterprise companies globally. "
target: Undercover Media Pty Ltd
Established in February 1995, Undercover believes it is a pioneer brand for global online music. Featuring original music content ranging from raw interview footage to propriety editorial content combined with industry released footage, Undercover has served both the music industry and music commun
price ($mm)
$0.24
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closed 3/24/2016 via PR Web

Liberty University, acquired Red Tie Music, LLC

synopsis: To support its growing commercial music programs, as well as to give a platform for budding artists and music industry professionals, the Liberty University School of Music has acquired Red Tie Music. The company is a professional Christian music publishing and recording label.
buyer: Liberty University
Liberty University is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. Liberty’s mission is to train Champions for Christ with the values, knowledge, and skills essential for impacting tomorrow’s world. "
target: Red Tie Music, LLC
Red Tie is a link between the world and the music and songs coming from the student songwriters, alumni, faculty and staff at the Center for Worship at Liberty University and Thomas Road Baptist Church.
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closed 3/24/2016 via PR Web

Liberty University, acquired Red Tie Music, LLC

synopsis: To support its growing commercial music programs, as well as to give a platform for budding artists and music industry professionals, the Liberty University School of Music has acquired Red Tie Music. The company is a professional Christian music publishing and recording label.
buyer: Liberty University
Liberty University is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. Liberty’s mission is to train Champions for Christ with the values, knowledge, and skills essential for impacting tomorrow’s world. "
target: Red Tie Music, LLC
Red Tie is a link between the world and the music and songs coming from the student songwriters, alumni, faculty and staff at the Center for Worship at Liberty University and Thomas Road Baptist Church.
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closed 3/11/2020 via Company Press Release

Roosevelt University, acquired Robert Morris University Illinois

synopsis: Roosevelt University, an independent, non-profit, metropolitan university, has acquired Robert Morris University Illinois (RMU), a not-for-profit associate, baccalaureate, and master’s degree-granting institution. RMU provides education that meets the demands of today’s business, graphic arts, health care, culinary and technical world.
buyer: Roosevelt University
Roosevelt University is an independent, non-profit, metropolitan university. Roosevelt University offers a broad array of academic programs, from the baccalaureate through doctoral levels, in a highly interactive environment where students can develop their unique abilities and interests. "
target: Robert Morris University Illinois
Robert Morris University Illinois (RMU) is a not-for-profit associate, baccalaureate, and master’s degree-granting institution. RMU serves over 4500 students interested in getting an education that meets the demands of today’s business, graphic arts, health care, culinary and technical world.
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announced 10/30/2019 via BNC Analysis

Henderson State University will be merged with Arkansas State University System,

synopsis: Henderson State University, a public university with a strong liberal arts heritage, will be merged with the Arkansas State University System, an organization that serves 22,238 students on campuses in Arkansas and Queretaro, Mexico, and globally online with a total operating budget of $285 million.
buyer: Arkansas State University System
The Arkansas State University System, based in Little Rock, serves 23,310 students in Arkansas and Queretaro, Mexico. The ASU System includes ASU, with an instructional site in Paragould and degree centers in Beebe, Mountain Home, Blytheville, Forrest City, and West Memphis. "
target: Henderson State University
Founded as a private institution in 1890, Henderson State University has a strong liberal arts heritage that is the base of more than 65 undergraduate and graduate programs, earning the university its status as Arkansas’s public liberal arts university.
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announced 2/27/2019 via Company Press Release

College of the Ouachitas will be merged with Arkansas State University System,

synopsis: College of the Ouachitas will become the newest member institution of the Arkansas State University System. College of the Ouachitas is a public community college located in Malvern, Arkansas. COTO has approximately 1,500 students annually through its degree programs, technical courses, and community educational offerings.
buyer: Arkansas State University System
The Arkansas State University System, based in Little Rock, serves 23,310 students in Arkansas and Queretaro, Mexico. The ASU System includes ASU, with an instructional site in Paragould and degree centers in Beebe, Mountain Home, Blytheville, Forrest City, and West Memphis. "
target: College of the Ouachitas
College of the Ouachitas (COTO) is a public community college located in Malvern, Arkansas. COTO has approximately 1,500 students annually through its degree programs, technical courses, and community educational offerings.
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announced 12/27/2017 via GlobeNewswire

China YuHua Education Corporation Limited, will acquire Hunan International Economics University

synopsis: Laureate Education, Inc., the world’s largest global network of higher education institutions, has signed an agreement for the sale of Laureate’s interest in Hunan International Economics University (HIEU), one of the largest and most respected private universities in China, to China YuHua Education Corporation Limited.
buyer: China YuHua Education Corporation Limited (SEHK:6169:$214.86)
China YuHua Education Corporation Limited has been operating private schools in Henan province of China for over 15 years and is one of the leading private school operators in central China in terms of student enrollment. "
target parent: Kohlberg Kravis Roberts & Co.
target: Hunan International Economics University
Hunan International Economics University (HIEU) was founded in 1997 and is one of the largest and most respected private universities in China. Serving more than 30,000 students, HIEU focuses on academic innovation and professionally orientated programs. HIEU has campuses in Changsha and Changde.
price ($mm)
$218
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announced 6/13/2016 via BNC Analysis

Bolton College will be merged with University of Bolton,

synopsis: Bolton College, a further education college located in Bolton, Greater Manchester, England, is set to merge with University of Bolton, a public university also in Bolton that has approximately 11,000 students across all sites and courses.
buyer: University of Bolton
The University of Bolton is a public university in Bolton, Greater Manchester, England. It has approximately 11,000 students across all sites and courses. "
target: Bolton College
Bolton College is a further education college located in Bolton, Greater Manchester, England. The college provides a range of courses that include vocational education, work-based learning, ESOL courses, Diplomas, apprenticeships and Access courses.
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closed 6/29/2017 via PR Newswire

Philadelphia University merged with Thomas Jefferson University,

synopsis: Philadelphia University and Thomas Jefferson University have announced their official combination, creating a national comprehensive university designed to deliver high-impact education and value for students in medicine, science, architecture, design, fashion, textiles, health, business, engineering and more.
buyer: Thomas Jefferson University
Thomas Jefferson University offers academic programs in all the health sciences, and are one of the most highly recognized interprofessional healthcare learning institutions. They are committed to educating professionals and setting the standard for quality, compassionate and efficient patient care."
target: Philadelphia University
Philadelphia University is a private university with 3,750 students enrolled in more than 70 undergraduate and graduate programs. The University prepares students to be leaders in their professions in an active, collaborative and real-world learning environment infused with the liberal arts.
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closed 6/29/2017 via PR Newswire

Philadelphia University merged with Thomas Jefferson University,

synopsis: Philadelphia University and Thomas Jefferson University have announced their official combination, creating a national comprehensive university designed to deliver high-impact education and value for students in medicine, science, architecture, design, fashion, textiles, health, business, engineering and more.
buyer: Thomas Jefferson University
Thomas Jefferson University offers academic programs in all the health sciences, and are one of the most highly recognized interprofessional healthcare learning institutions. They are committed to educating professionals and setting the standard for quality, compassionate and efficient patient care."
target: Philadelphia University
Philadelphia University is a private university with 3,750 students enrolled in more than 70 undergraduate and graduate programs. The University prepares students to be leaders in their professions in an active, collaborative and real-world learning environment infused with the liberal arts.
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announced 2/19/2014 via Washington Post

Corcoran College of Art and Design will be merged with George Washington University,

synopsis: George Washington University has agreed to take over Corcoran College of Art and Design, an educational institution that offers undergraduate degree, graduate degree, and associate degree programs. The area of study includes media design, graphic design, interior design, photojournalism, and arts education.
buyer: George Washington University
George Washington University is the largest institution of higher education in the District of Columbia. They offer a rich range of disciplines from forensic science and creative writing to international affairs and computer engineering, as well as medicine, public health, the law and public policy."
target: Corcoran College of Art and Design
Corcoran College of Art and Design is an educational institution that offers undergraduate degree, graduate degree, and associate degree programs. The area of study includes media design, graphic design, interior design, photojournalism, and arts education.
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closed 9/12/2007 via BusinessWire

Bridgepoint Education, Inc., acquired Colorado School of Professional Psychology

synopsis: Bridgepoint Education, recently recognized as the fastest-growing private education company in the United States by Inc. Magazine, has acquired the Colorado School of Professional Psychology in Colorado Springs, Colorado, and renamed the school The University of the Rockies. The university offers highly specialized psychology degrees.
buyer parent: Warburg Pincus
buyer: Bridgepoint Education, Inc.
Bridgepoint Education was founded in 1999 to provide affordable, accelerated work-place related courses for adult students seeking a bachelor's degree. Bridgepoint's curriculum has helped more than 25,000 students earn a high-quality regionally accredited degree. "
target: Colorado School of Professional Psychology
The Colorado School of Professional Psychology provides a professional graduate education in psychology to individuals who seek licensure as psychologists or practice in other arenas of the profession. The School is a not-for-profit, private graduate school that offers MA and PsyD degrees.
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closed 11/6/2019 via GlobeNewswire

Afya Limited, acquired UniRedentor

synopsis: Afya Limited, a leading medical education group in Brazil, has acquired UniRedentor, a non-profit post-secondary education institution in Brazil. UniRedentor offers on-campus, undergraduate courses in medicine. UniRedentor also offers other health-related undergraduate degrees and graduation programs in medicine and health.
buyer: Afya Limited (NasdaqGS:AFYA:$216.49)
Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners from the moment they join us as medical students through their medical residency prep. "
target: UniRedentor
UniRedentor is a non-profit post-secondary education institution in Brazil. UniRedentor offers on-campus, undergraduate courses in medicine in the State of Rio de Janeiro. UniRedentor also offers other health-related undergraduate degrees and graduation programs in medicine and health.
price ($mm)
$57
rev ($mm)
$27
EBITDA ($mm)
EV / rev
2.1x
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announced 11/23/2016 via Company Press Release

National Restaurant Association, will acquire American Hotel & Lodging Association Educational Institute

synopsis: The National Restaurant Association and the American Hotel & Lodging Association announced a partnership for the largest foodservice trade association in the world to acquire the training business assets and products of the American Hotel & Lodging Association Educational Institute.
buyer: National Restaurant Association
Founded in 1919, the National Restaurant Association is the leading business association for the restaurant industry, which comprises more than 1 million restaurant and foodservice outlets. The NRA represents the industry in Washington, D.C., and advocate on its behalf. "
target parent: American Hotel & Lodging Association
target: American Hotel & Lodging Association Educational Institute
The American Hotel & Lodging Association Educational Institute is one of the finest nonprofit member benefits of the American Hotel & Lodging Association, and is the premier source for delivering quality hospitality education, training and professional certification.
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closed 5/29/2019 via BNC Analysis

Life Academy merged with Christian Life Academy,

synopsis: Three Christian schools will merge into a new school called United Christian Academy. Bethany Academy and Life Academy will join Christian Life Academy in the merger. The new school will be run out of Bethany Academy's Bloomington campus. The school will be interdenominational and independent, meaning it's not associated with any existing church.
buyer: Christian Life Academy
Christian Life Academy (CLA), accredited by the Association of Christian Schools International, is a Pre-K-12 Christian school. CLA offers programs for Pre-school through 12th grade, low student-to-teacher ratios, emphasis on fundamental academic subjects, and college preparatory curriculum. "
target: Life Academy
Life Academy is a non-profit, interdenominational Christian school. Life Academy classrooms are spacious and provide for full class instruction, as well as small group work areas. Life Academy has a full ball field, a playground, sledding hills, and a newly updated computer lab.
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announced 12/9/2009 via BNC Analysis

GoodStart, will acquire ABC Learning Centres Ltd

synopsis: 678 ABC Learning centres will be purchased from receivers McGrathNicol by GoodStart, a non-profit company established by Social Ventures Australia and the respected charities Mission Australia, the Benevolent Society and the Brotherhood of St Laurence.
buyer: GoodStart
GoodStart is a non-profit company established by Social Ventures Australia and the respected charities Mission Australia, the Benevolent Society and the Brotherhood of St Laurence. "
target: ABC Learning Centres Ltd
ABC is committed to providing high quality, affordable care and education for families. As part of this commitment, ABC has developed a Corporate Child Care model that supports companies and corporations in providing access to childcare places for their staff.
price ($mm)
$91
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closed 5/11/2017 via Company Press Release

Nord Anglia Education, Inc., acquired Netherlands Inter-community School

synopsis: Nord Anglia Education acquired the Netherlands Inter-community School (NIS) in Jakarta, Indonesia. NIS is a non-profit independent Early Years & Primary Years school open to students of all nationalities from 2 years to 12 years old.
buyer: Nord Anglia Education, Inc. (NORD:$907.80)
Nord Anglia Education is the world’s leading premium schools organisation. They are a global family of 46 international schools, providing outstanding education to over 39,000 students from preschool through to the end of secondary education. "
target: Netherlands Inter-community School
Netherlands Inter-community School (NIS) is a non-profit independent Early Years & Primary Years school located in the leafy suburb of Cilandak south of Jakarta open to students of all nationalities from 2 years to 12 years old.
price ($mm)
$0.70
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closed 10/19/2009 via BusinessWire

Wireless Generation, acquired The Writers' Express, Inc.

synopsis: Wireless Generation, a leading provider of tools, systems, and services that help teachers to teach smarter, announced that it has acquired The Writers' Express (WEX), a creator of writing curriculum and professional development for grades 3-12.
buyer: Wireless Generation
Wireless Generation creates innovative tools, systems, and services that help educators teach smarter. With its mobile assessment software, the company invented a better way to give classroom assessments and make data-based instructional decisions. "
target: The Writers' Express, Inc.
The Writers’ Express (WEX) is a Boston-area non-profit with a 15-year record of driving measurable gains in the literacy skills of students in grades 3-12.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/25/2010 via

Wyncrest Group, Inc., will acquire State Continuing Education Inc.

synopsis: Wyncrest Group has signed a non-disclosure and non-circumvent agreement to acquire State Continuing Education Inc. ("StateCE"). StateCE is a profitable provider of online continuing education programs, which delivers over 300,000 continuing education courses to licensed professionals nationwide.
buyer: Wyncrest Group, Inc. (WNCG:$0.00)
Wyncrest Group, Inc. is a growing financial services organization. Wholly owned subsidiary Southwest Financial Group has been delivering trusted insurance products and financial services since 1988, serving more than 22,000 clients throughout the United States. "
target: State Continuing Education Inc.
State Continuing Education Inc., best known as StateCE, provides online continuing education (CE) courses to business professionals and tradesmen in the United States.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/27/2010 via BusinessWire

Kaplan Professional, acquired J.Y. Monk

synopsis: Kaplan Real Estate Education announced the acquisition of J.Y. Monk, the leading provider of real estate licensing and continuing education in North Carolina.
buyer parent: The Washington Post Company
buyer: Kaplan Professional
Through live and online instruction, Kaplan Professional helps busy professionals obtain in-demand certifications and designations that enable them to advance and succeed in their careers in various industries. "
target: J.Y. Monk
Founded in 1975, J.Y. Monk offers broker pre-licensing and post-licensing courses, exam prep courses, continuing education courses and Broker-In-Charge Annual Review (BICAR) courses. J.Y. Monk delivers education to 36 classroom locations throughout the state and has served over 180,000 students.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/16/2021 via BNC Analysis

Groupe EDH SAS, acquired ESEC SARL

synopsis: EDH, a private higher education group controlled by Quilvest alongside IK and management, acquires ESEC. Founded in 1973, ESEC is recognized as one of the best French film schools. ESEC has been providing training in the various film professions recognized by professionals for more than 45 years.
buyer: Groupe EDH SAS
Groupe EDH (Ecoles Denis Huisman) is a leader in private French higher education with schools that offer training programs in communication (EFAP), culture related businesses (ICART), and journalism (EFJ). Groupe EDH has locations in Paris, Lyon, Bordeaux, Lille and New York. "
target parent: Hildegarde
target: ESEC SARL
Founded in 1973, ESEC is recognized as one of the best French film schools. Located in the heart of Paris and recognized by the Ministry of Culture, ESEC has been providing training in the various film professions recognized by professionals for more than 45 years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/28/2021 via GlobeNewswire

Afya Participações S.A., will acquire UNIGRANRIO

synopsis: Afya Participações is to acquire UNIGRANRIO, a post-secondary education institution with government authorization to offer on-campus, undergraduate medical, and health-related courses in the state of Rio de Janeiro and has the best academic quality among for profit universities in the state.
buyer parent: Afya Limited
buyer: Afya Participações S.A.
Afya is a leading medical education group in Brazil based on number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students to be lifelong medical learners. "
target: UNIGRANRIO
UNIGRANRIO is a post-secondary education institution with government authorization to offer on-campus, undergraduate medical, and health-related courses in the state of Rio de Janeiro and has the best academic quality among for profit universities in the state.
price ($mm)
$131
rev ($mm)
$49
EBITDA ($mm)
EV / rev
2.7x
EV / EBITDA
announced 3/24/2021 via Company Press Release

TDR Capital, will acquire BPP Holdings Plc

synopsis: TDR Capital, a leading UK-based private equity firm, will acquire BPP, the global leader in professional and vocational education, from Vanta Education. TDR’s support and long-term commitment will allow BPP to further invest in improving quality, customer experience, and satisfaction.
buyer: TDR Capital
Based in the UK, TDR Capital is a leading private equity firm with over €10 billion of committed capital. TDR Capital invests in market-leading, European businesses and partner with them to develop and grow their operations. "
target parent: Apollo Global Management
target: BPP Holdings Plc
Based in the UK, BPP provides education and training in law, business, finance, accountancy, banking, technology and nursing both through relationships with corporates and directly to consumers across test preparation, university, apprenticeship and professional development.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Colorado School of Professional Psychology

UniRedentor

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Geography
Matching Companies
Ticker: ITGR
 
 
 
 
 
 
 
 
Integrity Media, Inc.
Integrity Media, Inc.
Integrity Media, Inc., publishes cassettes, CDs, music videos, and songbooks of a worshipful nature. Integrity's Christian music offerings range from praise and worship music to adult contemporary and children's music. Its song catalog includes ownership of more than 2,400 songs.
year
2002
rev ($mm)
$66.30
EBITDA ($mm)
$9.20
EBIT ($mm)
$4.20
Net Income ($mm)
$2.20
Employees
0
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Ticker: LFBG
 
 
 
 
 
 
 
 
Left Behind Games, Inc.
Left Behind Games, Inc.
Left Behind Games Inc. is the world leader in the publication of Christian video games and a Christian social network provider. It produces interactive experiences including entertainment products that perpetuate positive values and appeal to faith-based and mainstream audiences.
year
2011
rev ($mm)
$1.60
EBITDA ($mm)
($5.27)
EBIT ($mm)
($5.31)
Net Income ($mm)
Employees
10
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Ticker: LAUR
 
 
 
 
 
 
 
 
Laureate International Universities
Laureate International Universities
Laureate Education, Inc. is the largest international network of degree granting higher education institutions, primarily focused in Latin America, with more than 850,000 students enrolled at over 25 institutions with more than 150 campuses.
year
2020
rev ($mm)
$2,977.09
EBITDA ($mm)
$457.12
EBIT ($mm)
$278.06
Net Income ($mm)
Employees
41000
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Ticker: COCO
 
 
 
 
 
 
 
 
Corinthian Colleges, Inc.
Corinthian Colleges, Inc.
Corinthian offers post-secondary education through its Everest, Heald College and WyoTech campuses, as well as online. Program areas include healthcare, business, criminal justice, transportation technology and maintenance, construction trades and information technology.
year
2014
rev ($mm)
$1,480.80
EBITDA ($mm)
$71.40
EBIT ($mm)
$23.50
Net Income ($mm)
Employees
12650
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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
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Ticker: ATGE
 
 
 
 
 
 
 
 
DeVry Education Group
DeVry Education Group
The purpose of DeVry Education Group is to empower its students to achieve their educational and career goals. DeVry Group is a global provider of educational services, with institutions that offer a wide array of programs in healthcare, business, technology, accounting, finance and law.
year
2020
rev ($mm)
$1,052.00
EBITDA ($mm)
$212.37
EBIT ($mm)
$166.11
Net Income ($mm)
Employees
3971
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Ticker: LOPE
 
 
 
 
 
 
 
 
Grand Canyon Education, Inc.
Grand Canyon Education (GCE) is a publicly traded shared services partner dedicated to serving colleges and universities. GCE supports partner institutions' students through operational functions that achieve organizational growth and student success. GCE is a pioneer of the hybrid campus model.
year
2018
rev ($mm)
$939.37
EBITDA ($mm)
$332.49
EBIT ($mm)
$286.95
Net Income ($mm)
$221.74
Employees
4000
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Ticker: ASX:NVT
 
 
 
 
 
 
 
 
Navitas Limited
Navitas Limited
Navitas is a leading global education provider that offers an extensive range of educational services through three major divisions to students and professionals including university programs, creative media education, professional education, English language training and settlement services.
year
2014
rev ($mm)
$750.17
EBITDA ($mm)
$123.97
EBIT ($mm)
$101.35
Net Income ($mm)
$37.50
Employees
1117
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Ticker: BOVESPA:CSED3
 
 
 
 
 
 
 
 
Cruzeiro do Sul Educacional S.A.
Cruzeiro do Sul Educacional S.A.
Committed to education since 1965, Cruzeiro do Sul Educacional has consolidated itself as the fourth largest teaching group in Brazil. Cruzeiro do Sul Educacional offers quality academic-professional training through 14 higher education institutions with recognized local brands.
year
2021
rev ($mm)
$345.96
EBITDA ($mm)
$63.01
EBIT ($mm)
$43.36
Net Income ($mm)
$2.84
Employees
0
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Ticker: APEI
 
 
 
 
 
 
 
 
American Public Education, Inc.
American Public Education, Inc. is a leading provider of online post-secondary education focused primarily on serving the military and public service communities.
year
2020
rev ($mm)
$299.01
EBITDA ($mm)
$35.39
EBIT ($mm)
$21.06
Net Income ($mm)
$13.19
Employees
2145
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Ticker: BOVESPA:ANIM3
 
 
 
 
 
 
 
 
Anima Educacao
Anima Educacao
Anima Educacao is one of Brazil’s largest private higher education organizations, both in terms of revenue and the number of enrolled students. It has 79,000 students enrolled in classroom courses at 18 campuses located in the states of Minas Gerais and São Paulo.
year
2020
rev ($mm)
$253.35
EBITDA ($mm)
$34.10
EBIT ($mm)
$21.71
Net Income ($mm)
Employees
0
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Ticker: SEER3
 
 
 
 
 
 
 
 
Ser Educacional S.A.
Ser Educacional S.A.
Founded in 2003 and headquartered in Recife, Grupo Ser Educacional is one of the largest private education groups in Brazil and a leader in the Northeast and North Regions in terms of numbers of students enrolled.
year
2020
rev ($mm)
$234.34
EBITDA ($mm)
$54.90
EBIT ($mm)
$42.20
Net Income ($mm)
$16.84
Employees
7100
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Ticker: SEHK:6169
 
 
 
 
 
 
 
 
China YuHua Education Corporation Limited
China YuHua Education Corporation Limited has been operating private schools in Henan province of China for over 15 years and is one of the leading private school operators in central China in terms of student enrollment.
year
2019
rev ($mm)
$214.86
EBITDA ($mm)
$124.39
EBIT ($mm)
$105.54
Net Income ($mm)
$95.80
Employees
6269
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Ticker: SEHK:1765
 
 
 
 
 
 
 
 
Hope Education Group
Hope Education Group
Hope Education Group is the second-largest private higher education group in China. Hope Education Group operates four independent colleges and five junior colleges in China. The group offers services for undergraduate, vocational college, and technical college.
year
2019
rev ($mm)
$157.53
EBITDA ($mm)
$61.04
EBIT ($mm)
$39.52
Net Income ($mm)
$39.91
Employees
5328
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Ticker: SEHK:1569
 
 
 
 
 
 
 
 
Minsheng Education Group
Minsheng Education Group
Minsheng Education Group Company Limited is an investment holding company. The Company is principally engaged in the provision of education services in China. The Company provides higher education with the focus on private education of nurturing professionals.
year
2019
rev ($mm)
$141.97
EBITDA ($mm)
$50.71
EBIT ($mm)
$40.58
Net Income ($mm)
$48.24
Employees
4626
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Ticker: SEHK:1890
 
 
 
 
 
 
 
 
China Kepei Education Group Limited
China Kepei Education Group Limited
China Kepei Education Group Limited is a leading provider of private higher education services in South China. China Kepei operates a science and technology vocational school and a polytechnic college. Their schools are committed to providing students with high-quality profession-oriented education.
year
2019
rev ($mm)
$93.79
EBITDA ($mm)
$57.60
EBIT ($mm)
$49.34
Net Income ($mm)
$58.87
Employees
2122
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Ticker: CEDU
 
 
 
 
 
 
 
 
ChinaEdu
ChinaEdu
ChinaEdu Corporation's primary business is to provide comprehensive educational services to the online degree programs of leading Chinese universities, including academic program development, technology services, enrollment marketing, student support services and finance operations.
year
2013
rev ($mm)
$85.91
EBITDA ($mm)
$25.24
EBIT ($mm)
$20.53
Net Income ($mm)
$8.57
Employees
2116
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