M&A Deal Summary |
|
|---|---|
| Date | 2008-09-18 |
| Target | U.S. Education |
| Sector | Education |
| Buyer(s) | Adtalem Global Education |
| Sellers(s) |
ClearLight Partners
Chicago Growth Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 290M USD |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Education |
| Employees | 4,368 |
| Revenue | 1.5B USD (2023) |
Adtalem Global Education is a provider of educational services and the parent organization of American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain College of Nursing, DeVry Brasil, DeVry University, Ross University School of Medicine and Ross University School of Veterinary Medicine. Adtalem Global Education was founded in 1987 and is headquartered in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 7 |
| Sector (Education) | 3 of 5 |
| Type (Add-on Acquisition) | 3 of 5 |
| State (California) | 1 of 1 |
| Country (United States) | 3 of 5 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-01 |
Advanced Academics
Oklahoma City, Oklahoma, United States Advanced Academics, Inc. is a distance learning company that offers accredited secondary school courses for students in grades 7 – 12 via the Internet. |
Buy | $28M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-31 |
Advanced Academics
Oklahoma City, Oklahoma, United States Advanced Academics, Inc. is a distance learning company that offers accredited secondary school courses for students in grades 7 – 12 via the Internet. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 900M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
ClearLight Partners LLC is a private equity firm that invests in mid-sized companies with strong cash-flow margins and limited capital intensity. ClearLight looks for US and Canadian headquartered companies with annual revenues between $25 and $250 million and EBITDA of $4 and $15 million. ClearLight targets investments across a broad range of industries with a particular interest in specialty manufacturing and distribution, business services, education and training, healthcare services, specialty finance, and consumer products and services. The Firm's target investment size is $10 to $50 million per transaction. ClearLight Partners was formed in 2000 and is based in Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 10 |
| Sector (Education) | 1 of 2 |
| Type (Add-on Acquisition) | 1 of 6 |
| State (California) | 1 of 2 |
| Country (United States) | 1 of 10 |
| Year (2008) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-02 |
American Asphalt & Grading Company
North Las Vegas, Nevada, United States American Asphalt & Grading Company provides integrated construction services to the Southern Nevada residential homebuilding market. AAG provides a suite of site development and preparation services including excavation, paving, pavement maintenance, and concrete placement for curbs, gutters and sidewalks. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-01 |
Pure Health Solutions
Vernon Hills,, Idaho, United States Pure Health Solutions, Inc. is a manufacturer and marketer of point-of-use water purification coolers. PHSI was founded in 1996 and is headquartered in Sandpoint, ID with production facilities in Seoul, South Korea. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Chicago Growth Partners LLC (CGP) was a Chicago-based based private equity firm that provided expansion and buyout capital to middle-market companies generating sales of $15 to $150 million. CGP sought to invest in business services, consumer services, healthcare products/services, and industrial companies. CGP was formed in 2004 as a spin-off of William Blair Capital Partners, the investment group of investment bank William Blair. In 2014, the Firm ceased operations.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 34 |
| Sector (Education) | 1 of 4 |
| Type (Add-on Acquisition) | 7 of 15 |
| State (California) | 4 of 10 |
| Country (United States) | 13 of 31 |
| Year (2008) | 2 of 2 |
| Size (of disclosed) | 3 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-30 |
EAB
Washington, District of Columbia, United States EAB is a provider of best practices research, student success management software and data-enabled enrollment solutions to the not-for-profit higher education and K-12 markets. The Company’s solutions help institutions increase enrollment yield, balance financial aid with revenue generation, drive higher student retention and success, and implement industry best practices derived from benchmarking and research. EAB was formed in 1983 and is based in Washington, District of Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-30 |
SESI
Yardley, Pennsylvania, United States SESI is a provider of non-public, for-profit educational services for children with learning and behavioral difficulties in the K-12 market. |
Buy | - |
