M&A Deal Summary

ITT Educational Services Acquires Great Equalizer

On January 31, 2014, ITT Educational Services acquired education company Great Equalizer

Acquisition Highlights
  • This is ITT Educational Services’ 4th transaction in the Education sector.
  • This is ITT Educational Services’ 4th transaction in the United States.
  • This is ITT Educational Services’ 2nd transaction in California.

M&A Deal Summary
Date 2014-01-31
Target Great Equalizer
Sector Education
Buyer(s) ITT Educational Services
Deal Type Add-on Acquisition

Target

Great Equalizer

Irvine, California, United States
Great Equalizer, Inc. (dba Ascolta) is a provider of internetworking and IT training services. Ascolta offers authorized Cisco and other vendor training, while CompetenC provides authorized HP and related training

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Buyer(S) 1

Buyer

ITT Educational Services

Carmel, Indiana, United States
Category Company
Founded 1946
Sector Education
Employees4,100
Revenue 850M USD (2015)
DESCRIPTION

ITT Educational Services is a provider of technology-oriented undergraduate and graduate degree programs through its accredited ITT Technical Institutes and Daniel Webster College to help students develop skills and knowledge that they can use to pursue career opportunities in a variety of fields. ITT Educational Services was founded in 1946 and is based in Carmel, Indiana.

DEAL STATS #
Overall 4 of 4
Sector (Education) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (California) 2 of 2
Country (United States) 4 of 4
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 CompetenC Solutions

Irvine, California, United States

CompetenC Solutions, Inc. is a provider of internetworking and IT training services.

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