M&A Deal Summary

Gryphon Colleges Acquires Delta Educational Systems

On May 12, 2006, Gryphon Colleges acquired education company Delta Educational Systems from Huron Capital for 120M USD

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

M&A Deal Summary

Date 2006-05-12
Target Delta Educational Systems
Sector Education
Buyer(s) Gryphon Colleges
Sellers(s) Huron Capital
Deal Type Add-on Acquisition
Deal Value 120M USD

Target

Delta Educational Systems

Virginia Beach, Virginia, United States
Delta Educational Systems operates postsecondary career schools primarily in the eastern US, targeting the large and growing segment of the population seeking to acquire career-oriented education. Delta offers degree and diploma programs in healthcare, information technology, advertising, cosmetology, business, and other fields. Delta Educational Systems was founded in 1998 and is based in Virginia Beach, Virginia.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Gryphon Colleges

Irvine, California, United States

Category Company
Founded 2004
Sector Education
DESCRIPTION

Gryphon Colleges operates post secondary schools. Gryphon Colleges was founded in 2004 and is based in Irvine, California.


DEAL STATS #
Overall 2 of 2
Sector: Education M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2006 M&A 1 of 1
Size (of disclosed) 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.

Buy -

Seller(S) 1

SELLER

Huron Capital

Detroit, Michigan, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Huron Capital Partners is a private equity firm that seeks to acquire or recapitalize niche manufacturers, value-added distributors and specialty service companies. Prospective transaction situations include management buyouts, corporate spin-offs, recapitalizations, family successions and consolidations. Huron prefers opportunities located in the US and Canada. Target companies typically have revenues between $20 and $200 million and EBITDA of at least $5 million. Huron can commit up to $10 million and $50 million of equity capital per transaction. Huron Capital Partners was formed in 1999 and has offices in Detroit, Michigan and Ontario, Canada.


DEAL STATS #
Overall 5 of 40
Sector: Education M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 16
State: Virginia M&A 1 of 2
Country: United States M&A 5 of 37
Year: 2006 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 YORK Label

Omaha, Nebraska, United States

YORK Label, Inc. is a supplier of high-end pressure-sensitive label solutions and operates flexographic label printing facilities in North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 Tectrans

Los Angeles, California, United States

Tectrans provides passenger ground transportation solutions for governmental agencies, medical and senior care organizations, the private sector and individual consumers. Tectrans’ services include paratransit (including service mandated by the Americans with Disabilities Act), fixed route shuttles, taxi, non-emergency medical transit, brokerage/call center management, and other transportation support services.

Buy -