M&A Deal Summary

Prometric Acquires The Chauncey Group International

On October 1, 2004, Prometric acquired education company The Chauncey Group International from Sterling Partners Private Equity and JPB Partners

Acquisition Highlights
  • This is Prometric’s 1st transaction in the Education sector.
  • This is Prometric’s 1st transaction in the United States.
  • This is Prometric’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2004-10-01
Target The Chauncey Group International
Sector Education
Buyer(s) Prometric
Sellers(s) Sterling Partners Private Equity
JPB Partners
Deal Type Add-on Acquisition

Target

The Chauncey Group International

Princeton, New Jersey, United States
The Chauncey Group International Ltd. is a provider of certification and licensing examinations for professionals, businesses, and government.

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Buyer(S) 1

Buyer

Prometric

Baltimore, Maryland, United States

Category Company
Founded 1990
Sector Education
DESCRIPTION

Prometric provides technology-enabled assessment services, providing paper-and-pencil, Internet and computer-based testing solutions. It offers a fully integrated testing system that includes test development, test delivery and data management capabilities. On behalf of more than 400 clients in the academic, professional, government, corporate and information technology markets, Prometric develops and/or delivers assessments through a global network of testing centers in 132 countries as well as direct to candidates via the Internet.


DEAL STATS #
Overall 1 of 5
Sector (Education) 1 of 3
Type (Add-on Acquisition) 1 of 5
State (New Jersey) 1 of 1
Country (United States) 1 of 4
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-11 DL Roope Administrations

Hampden, Maine, United States

DL Roope Administrations, Inc. is a provider in the administration of NIC State Board licensure examinations in cosmetology and related sub-specialities. DL Roope Administrations, Inc. is based in Hampden, Maine.

Buy -

Seller(S) 2

SELLER
DESCRIPTION

Sterling Partners Private Equity is the private equity arm of asset management firm Sterling Partners. Sterling Partners Private Equityis focused on investing in small to medium-sized companies positioned for growth, either organically or through acquisitions. Sterling has a strong interest in businesses with differentiated products, defensible competitive positions, recurring revenues, and diversified customers. The Firm's target equity commitment size is $5 to $175 million. Broad sectors of interest include direct marketing, education, specialty distribution, specialty manufacturing, healthcare, technology, and business services. Sterling Partners was formed in 1983 and is based in Chicago, Illinois.


DEAL STATS #
Overall 5 of 51
Sector (Education) 2 of 7
Type (Add-on Acquisition) 4 of 34
State (New Jersey) 1 of 1
Country (United States) 5 of 49
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-01 Connections Academy

Baltimore, Maryland, United States

Connections Academy operates 'virtual schools' under management contracts from state charter schools and school districts. This arrangement provides the structure of traditional brick-and-mortar schooling and eliminates the cost to parents. Parents or other 'Learning Coaches' assist with the day-to-day learning using the Company's proven curriculum that incorporates comprehensive daily lesson plans, textbooks from leading educational publications, and online lessons.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Ameritox

Midland, Texas, United States

Ameritox is a full-service forensic toxicology laboratory that offers RxGuardian, the most thorough and personalized lab monitoring process available and the only report that can help physicians assess whether a patient is taking pain medications consistent with the prescribed dosage. Ameritox is based in Midland, Texas.

Buy -
SELLER

JPB Partners

Columbia, Maryland, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

JPB Capital Partners LLC is the private equity affiliate of merchant bank JPB Enterprises. JPB Capital looks to invest in lower middle-market businesses located in the Mid-Atlantic and Southeast regions of the US. Target businesses typically have revenues of $10 to $100 million and EBITDA greater than $2 million. Sectors of interest include distribution, business services, food/beverage, manufacturing, and specialty contracting. The Firm prefers control positions. The firm invests in the range of $3 to $10 million per transaction. JPB Capital Partners is located in Columbia, Maryland.


DEAL STATS #
Overall 7 of 23
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 5
State (New Jersey) 1 of 2
Country (United States) 7 of 23
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 The Chauncey Group International

Princeton, New Jersey, United States

The Chauncey Group International Ltd. is a provider of certification and licensing examinations for professionals, businesses, and government.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-01 Citygate GIS

Annapolis, Maryland, United States

Citygate GIS LLC is specialized in consulting services and products that focus on legislative and school redistricting, emergency management planning and response, and dynamic map pattern matching. Citygate GIS was founded in 1986 and is based in Annapolis, Maryland.

Buy -