M&A Deal Summary |
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Date | 2018-12-18 |
Target | Orbis Education Services |
Sector | Education |
Buyer(s) | Grand Canyon Education |
Sellers(s) | LLR Partners |
Deal Type | Add-on Acquisition |
Deal Value | 363M USD |
Advisor(s) | Macquarie Capital (Financial) Morgan Lewis (Legal) |
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Category | Company |
---|---|
Founded | 1949 |
Sector | Education |
Employees | 3,650 |
Revenue | 961M USD (2023) |
Grand Canyon Education provides postsecondary education services focused on offering graduate and undergraduate degree programs in core disciplines of education, healthcare, business, and liberal arts. Grand Canyon Education was founded in 1949 and is based in Phoenix, Arizona.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Education) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Indiana) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Private Equity Firm |
---|---|
Founded | 1999 |
PE ASSETS | 6.0B USD |
Size | Mega |
Type | Sector Agnostic |
LLR is a private equity firm that makes growth capital, buyout, and recapitalization investments in mid-sized growth companies with sustainable competitive advantages. LLR looks to invest $30 to $150 million per transaction and will consider both control and minority situations. Target companies generally have at least $10 million in annual sales and are valued up to $250 million. Broad industry sectors of interest include general business services, financial services, healthcare services, education, manufacturing, consumer/retail and information technology/software. LLR will consider investments throughout the US with an emphasis on opportunities located in the Eastern and Mid-Atlantic regions of the US. LLR Partners was formed in 1999 and is based in Philadelphia, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 48 of 76 |
Sector (Education) | 3 of 4 |
Type (Add-on Acquisition) | 30 of 47 |
State (Indiana) | 1 of 1 |
Country (United States) | 47 of 75 |
Year (2018) | 5 of 5 |
Size (of disclosed) | 4 of 13 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-12-03 |
Celero
Brentwood, Tennessee, United States Celero is a full-service, integrated electronic commerce solutions provider powered by edge technology, strategic partnerships, and business intelligence. Celero offers payment processing services, business management software, and data intelligence to small and medium-sized businesses, empowering them to drive growth and profitability. Celero is based in Brentwood, Tennessee. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-01-28 |
INTELITY
Los Angeles, California, United States INTELITY provides an advanced hospitality technology platform for managing guest experience and staff operations to the hotel, casino, cruise, and luxury residential markets. INTELITY is based in Los Angeles, California. |
Buy | - |