M&A Deal Summary

EVCI Career Colleges Acquires Technical Career Institutes

On June 30, 2005, EVCI Career Colleges acquired education company Technical Career Institutes for 16M USD

Acquisition Highlights
  • This is EVCI Career Colleges’ 1st transaction in the Education sector.
  • This is EVCI Career Colleges’ largest (disclosed) transaction.
  • This is EVCI Career Colleges’ 1st transaction in the United States.
  • This is EVCI Career Colleges’ 1st transaction in New York.

M&A Deal Summary
Date 2005-06-30
Target Technical Career Institutes
Sector Education
Buyer(s) EVCI Career Colleges
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

Technical Career Institutes

New York, New York, United States
Technical Career Institutes, Inc. is a provider of certificate programs in technical fields focused on business and new media, computers and electronics and climate control.

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Buyer(S) 1

Buyer

EVCI Career Colleges

Yonkers, New York, United States
Category Company
Founded 1997
Sector Education
Employees483
Revenue 65M USD (2006)
DESCRIPTION

EVCI Career Colleges Operates post-secondary schools. EVCI is the holding company for Interboro Institute, Technical Career Institutes and the Pennsylvania School of Business. EVCI Career Colleges was founded in 1997 and is based in Yonkers, New York.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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