Well-Funded Buyer Seeks Title IV Vocational College
Our client is a well-funded teaching dental clinic that provides a 1- and 2-year dental residency program for dentists and a training program for Dental Assistants.
They have grown organically over the years and now have multiple locations, but they are now looking to accelerate its growth by acquiring a Title IV college so students can participate in the Federally Guaranteed Student Loan Program.
ACQUISITION CRITERIA:
> Post-Secondary Educational Institution that participates in the Title-IV Student Loan Program.
> Certificate & diploma programs less than two years in duration
> Allied Healthcare, Dental Assisting/Hygienist, and Nursing programs are of great interest, but all programs will be considered
ACCREDITATION:
> ABHES or ACCSC preferred (but other accreditors will be considered)
LEGAL/REGULATORY:
> Clean regulatory record with no outstanding issues with U.S. DOE or the school’s accreditor
> No past or current litigation or outstanding claims
FINANCIAL PERFORMANCE:
> Annual revenue between $200,000 and $5 million
> Profitable operations preferred (will also consider schools that are losing money or at break-even)
LOCATION:
> OH, PA, IN, MI, KY, WV (but other locations will be considered as well)
BENEFITS OF SELLING:
> Motivated strategic buyer (accredited by the Joint Commission, AAAHC and CODA)
> A strong balance sheet with ready access to capital
> Proven growth strategy
> Career opportunities for you and your employees
NEXT STEPS:
Contact Rich Jackim at Jackim Woods & Co. (rjackim@jackimwoods.com or 847-682-4997) to learn more and determine if partnering with us would help you meet your personal and business goals.
