M&A Deal Summary

Lincoln Educational Services Acquires Baran Institute of Technology

On January 21, 2009, Lincoln Educational Services acquired education company Baran Institute of Technology from Merion Investment Partners

Acquisition Highlights
  • This is Lincoln Educational Services’ 1st transaction in the Education sector.
  • This is Lincoln Educational Services’ 1st transaction in the United States.
  • This is Lincoln Educational Services’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2009-01-21
Target Baran Institute of Technology
Sector Education
Buyer(s) Lincoln Educational Services
Sellers(s) Merion Investment Partners
Deal Type Add-on Acquisition

Target

Baran Institute of Technology

East Windsor, Connecticut, United States
website
Lincoln Technical Institute offers hands on training for our students. With a professional and highly trained staff, we have the ability to give you the education you need to enjoy professional success. Lincoln Technical Institute offers day and evening classes, finacial aid for those who qualify, and career placement assistance.

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Buyer(S) 1

Buyer

Lincoln Educational Services

Parsippany, New Jersey, United States

website


Category Company
Founded 1946
Sector Education
Employees1,672
Revenue 335M USD (2021)
DESCRIPTION

Lincoln Educational Services is a provider of career training programs. The company offers automotive, health sciences, business and Information Technology, skilled trades, spa and cosmetology, and culinary arts programs. Lincoln Educational Services was founded in 1946 and is based in Parsippany, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1

Seller(S) 1

DESCRIPTION

Merion Investment Partners is a mezzanine finance firm that provides subordinated debt to middle-market growth Companies generating at least $10 million in sales and at least $2 million in EBITDA. Merion focuses on opportunities in business services, specialty manufacturing, and healthcare services and products. Merion's invests in the range of $4 and $20 million per transaction. Merion Investment Partners was formed in 2003 and is based in King of Prussia, Pennsylvania.


DEAL STATS #
Overall 2 of 26
Sector (Education) 1 of 1
Type (Add-on Acquisition) 2 of 9
State (Connecticut) 1 of 2
Country (United States) 2 of 26
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Amtech

Wapato, Washington, United States

Amtech Corp. is a manufacturer of composite-based products and parts with strong expertise in engineering and design. Amtech was founded in 1987 and is based in Wapato, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-01 Elite Health Solutions

Dunmore, Pennsylvania, United States

Elite Health Solutions, through its operating subsidiary Lackawanna Mobile Diagnostic Services, is a regional provider of portable x-ray and related mobile diagnostic health services. Lackawanna serves nursing homes, hospitals, physician offices, private homes and correctional facilities from operating hubs in northeast Pennsylvania, the greater Philadelphia area and West Virginia.

Sell -