Add-on Acquisition • Business Services

SmartPros Acquires Loscalzo Associates

On July 7, 2008, SmartPros acquired business services company Loscalzo Associates

Acquisition Context

This is SmartPros’ 2nd transaction in the Business Services sector.
This is SmartPros’ 4th transaction in the United States.

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M&A Deal Summary
Date	July 7, 2008
Target	Loscalzo Associates
Sector	Business Services
Buyer(s)	SmartPros
Deal Type	Add-on Acquisition

Target Company

Loscalzo Associates

United States

Loscalzo Associates is a provider of live accounting- and auditing-related CPE programs, conferences and seminars.

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Buyer Overview 1

Buyer

SmartPros

Hawthorne, New York, United States

Category	Company
Founded	1981
Sector	Education
Employees	53

DESCRIPTION

SmartPros is a provider of accredited professional education and training, primarily in accountancy.

Deal Context for Buyer	#
Overall	4 of 4
Sector: Business Services	2 of 2
Type: Add-on Acquisition	4 of 4
Country: United States	4 of 4
Year: 2008	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-03-01	The Selbst Group White Plains, New York, United States The Selbst Group, Inc. is a specialized consulting firm providing sales, sales management training, product training and marketing support programs for the financial services industry.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2007-03-01

The Selbst Group

White Plains, New York, United States

The Selbst Group, Inc. is a specialized consulting firm providing sales, sales management training, product training and marketing support programs for the financial services industry.

Buy

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