M&A Deal Summary

Gryphon Colleges Acquires Delta Career Education

On May 15, 2006, Gryphon Colleges acquired education company Delta Career Education

Acquisition Highlights
  • This is Gryphon Colleges’ 2nd transaction in the Education sector.
  • This is Gryphon Colleges’ 2nd transaction in the United States.
  • This is Gryphon Colleges’ 1st transaction in Virginia.

M&A Deal Summary
Date 2006-05-15
Target Delta Career Education
Sector Education
Buyer(s) Gryphon Colleges
Deal Type Add-on Acquisition

Target

Delta Career Education

Virginia Beach, Virginia, United States
Delta Career Education Corp. is an educational services company offer students courses in allied health, business, cosmetology, information technology, legal, and vocational trades through five well-established regional brands, Career Technical College.

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Buyer(S) 1

Buyer

Gryphon Colleges

Irvine, California, United States
Category Company
Founded 2004
Sector Education
DESCRIPTION

Gryphon Colleges Corporation operates post secondary schools.

DEAL STATS #
Overall 2 of 2
Sector (Education) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-25 National Career Education

Cordova, California, United States

National Career Education is a holding company with post secondary schools located in the Western U.S. operating under the NCE College, Lamson College, Institute for Business and Technology, and Tucson College brands. Each school is accredited by either the Accrediting Commission of Career Schools and Colleges of Technology (ACCSCT) or the Accrediting Council for Independent Colleges and Schools (ACICS), the two most widely recognized national accrediting agencies. The schools offer curricula in allied health, electronics and mechanical trades, legal, and business.

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