Education Brands, a leading software provider to the education industry and a portfolio company of Genstar Capital, has acquired Diamond Mind, the leader in campus-wide payment solutions for independent schools.
Founded in 2003, Diamond Mind is the nation’s leading provider of payment processing software and services for independent K-12 schools, serving over 1,200 schools, including approximately half of the largest 50 private K-12 schools in the country. The company’s suite of products allows school business officers to consolidate, streamline, and reconcile payments across the campus to reduce costs, minimize risk, and improve the payment experience for parents. Diamond Mind’s offerings include solutions for online tuition, online giving, admissions, bookstore, summer programs, and purchase cards.
Diamond Mind was sold by Serent Capital which invested in Diamond Mind in 2014 after several years of researching and looking at opportunities in the education and payment processing markets. Over the last two years, Diamond Mind has successfully built-out its software portfolio, enhanced its customer acquisition engine, and grown its senior executive team. As a result, Diamond Mind has increased revenue nearly 60%, while increasing its client base by over 400 schools since Serent Capital’s 2014 investment.Read More
We have been retained by a national operator of urgent care centers to help them acquire a nationally accredited, Title IV career college with an emphasis on allied healthcare programs, including, but not limited to, Diagnostic Medical Sonography (DMS); Health Information Technology (HIT); Magnetic Resonance Imaging (MRI) Technology; Noninvasive Cardiovascular Sonography (NICVS); Surgical Tech, Medical Assisting or Licensed Practical Nurse programs.
The ideal candidate will have revenues between $1 million and $3 million. Our client’s urgent care centers and community hospitals can provide excellent clinical sites and can help the school expand strategically into new markets.
If you own a school that fits this general description, please contact Rich Jackim at (224) 513-5142 or firstname.lastname@example.org to schedule a confidential, no-obligation call to learn more.Read More
Jackim Woods & Co. is representing a strategic buyer interested in acquiring manufacturers or distributors of special education and/or autism related products.
They have a specific interest in companies with revenues between $3MM and $10MM and gross margins of 30% or better. It would be ideal if the company had a significant percentage of sales that came from schools or school based therapists and special education teachers. Proprietary or patented products would also be a strong plus.
Our client has been a leader in the education market for over 50-years. They have a strong balance sheet and have made several successful acquisitions. They believe in keeping the current management team in place and are comfortable paying a premium for the right company.
If you have a company that fits these criteria, please contact Rich Jackim at (224) 513-5142 or at email@example.com.Read More