M&A Deal Summary

Polley Associates School of Real Estate Acquires Schlicher-Kratz Institute

On June 28, 2019, Polley Associates School of Real Estate acquired education company Schlicher-Kratz Institute from Hondros Education Group

Acquisition Highlights
  • This is Polley Associates School of Real Estate’s 1st transaction in the Education sector.
  • This is Polley Associates School of Real Estate’s 1st transaction in the United States.
  • This is Polley Associates School of Real Estate’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2019-06-28
Target Schlicher-Kratz Institute
Sector Education
Buyer(s) Polley Associates School of Real Estate
Sellers(s) Hondros Education Group
Deal Type Divestiture

Target

Schlicher-Kratz Institute

North Wales, Pennsylvania, United States
Schlicher-Kratz Institute offers real estate, mortgage, and appraisal education in Pennsylvania and New Jersey. Schlicher-Kratz has been a respected market provider for more than 40 years and offers in-classroom and online courses.

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Buyer(S) 1

Buyer

Polley Associates School of Real Estate

Newtown Square, Pennsylvania, United States

Category Company
Founded 1971
Sector Education
DESCRIPTION

Polley Associates offers real estate sales license (pre-license), advanced level courses, and non-credit courses on timely topics, designed to meet the specific needs of real estate salespeople, appraisers, brokers, and realty firm owners.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Hondros Education Group

Columbus, Ohio, United States

Category Company
Sector Education
DESCRIPTION

Hondros Education Group is a national provider of professional education. With over 50 years of experience, HEG has educated over one million students through its family of brands made up of Hondros College, Arizona School of Real Estate & Business, Hondros Learning, CompuCram, Learn Mortgage, and Hondros College of Business. Headquartered in Columbus, Ohio, Hondros Education Group offers online and in-classroom courses, exam prep solutions, and textbooks for the real estate, mortgage, appraisal, insurance, and home inspection industries.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Divestiture) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 Schlicher-Kratz Institute

North Wales, Pennsylvania, United States

Schlicher-Kratz Institute offers real estate, mortgage, and appraisal education in Pennsylvania and New Jersey. Schlicher-Kratz has been a respected market provider for more than 40 years and offers in-classroom and online courses.

Buy -