M&A Deal Summary

Sterling Partners Private Equity Acquires Educate

On June 26, 2007, private equity firm Sterling Partners Private Equity acquired education company Educate

Acquisition Highlights
  • This is Sterling Partners Private Equity’s 6th transaction in the Education sector.
  • This is Sterling Partners Private Equity’s 18th transaction in the United States.
  • This is Sterling Partners Private Equity’s 5th transaction in Maryland.

M&A Deal Summary

Date 2007-06-26
Target Educate
Sector Education
Buyer(s) Sterling Partners Private Equity
Deal Type Going Private

Target

Educate

Baltimore, Maryland, United States
Educate consists of Sylvan Learning Centers and Educate Online. Sylvan is the leading provider of tutoring and supplemental education services to students of all ages and skill levels. Sylvan has provided millions of students the individual attention, personalized lesson plans and positive reinforcement that help build the skills, habits and attitudes students need to achieve their goals and to succeed in school and in life. Educate is based in Baltimore, Maryland.

Search 205,615 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer
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 18 of 62
Sector (Education) 6 of 12
Type (Going Private) 1 of 5
State (Maryland) 5 of 7
Country (United States) 18 of 60
Year (2007) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-18 eCredit.com

Weston, Florida, United States

eCredit provides on-demand software for credit risk management and collection services for Fortune 1000 companies. The company improves the credit decision process and provides efficiencies, optimized risk management, reduced operating costs, and increased revenues

Sell $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-17 Laureate

Miami, Florida, United States

Laureate is a provider of higher education. The company’s network of 60 accredited campus-based and online universities offers undergraduate and graduate degree programs to more than 740,000 students across 29 countries. Laureate offers more than 130 career-focused, undergraduate, master’s, and doctoral degree programs in fields including architecture, art, business, culinary arts, design, education, engineering, health sciences, hospitality, information technology, law, and medicine. Laureate was founded in 1989 and is based in Miami, Florida.

Buy $3.8B