Greetings!,  

There's considerable interest in buying a K-12 Private Schools, Language Schools, Colleges, and Career Schools by investors, individuals, and other school owners. Education has earned itself a position as a rapid growth international business.

What Is Involved In Selling Your School?

If you're thinking of selling your school, there's a number of steps you need to consider before you hit the market. And while you do this, you need to keep a lid on your activities as it's not good public relations for your staff, parents, or students knowing you're thinking of changing ownership. This is a challenge because you want as wide a market of interest as possible in your school while keeping the process quiet. Some things you need to consider are:

1. Review your accreditation requirements to ensure that change in ownership does not impact accreditation.
2. Ensure that your ownership group are fully on board with the sale. You shoudn't  change your mind when you're half way into the process
3. Ensure that you get an accurate valuation of your school. It can become complicated if your school has assets such as land. In many cases, we've handled the transition in ownership of non-profits, which has a number of complications that need to be handled well ahead of the process.
4. Ensure that you've prepared all your documentation to ensure the sales process is efficient and engaging, including: NDA form, teaser document, full overview document, financial statements and enrollment numbers for the last three years, facility/land documentation, etc.
5. Have your lawyer made aware of sale to ensure they're available to provide timely legal advice when needed.
6. Ensure that your buyers have the capacity to acquire your school and that they're not tire kickers looking for a fire sale.
7. Know your selling price and ensure that you're able to back up your valuation. Also, determine how much unearned revenue you will need to provide the buyer to cover operations, and whether you're willing to take a portion of your pay-out over an extended time frame with possible targets that need to be met.
8. Finally, know if you're willing to stay on board as an employee after the sale to support the transition period.

There are a lot of other questions, but these are a start. If you're thinking of selling your school there are a number of issues you need to consider to ensure that you receive the highest value for your school, and there is a seamless transition in ownership.  

Do You Need Assistance Taking the Next Step 

HEG and our  Associates have an unparalleled record of success supporting buyers and sellers in connection with the sale of non-profit and for-profit Private K-12 Schools, Post Secondary Institutions, Career Colleges, and Schools throughout Canada, United States, and Internationally. HEG and our team of associates are experienced in acquisitions, mergers, and advising established schools, and have a working relationships with other Brokers internationally who assist HEG in connection with locating and selling Schools.

We offer school owners a comprehensive set of services, along with an extensive network of potential buyers. We assist you with the following:

• Sales Services
• Representing buyers to find the right School
• Marketing your School
• Site Evaluation
• Acquisition Evaluation
• Investment Analysis
• Negotiation
• Closing of your business transaction

 HEG works with school owners from across the USA, Canada, and internationally in reference to the sale of their educational institution. We work with an extensive list of qualified buyers seeking to purchase schools in variety of markets, including K-12 international private schools, language schools, and career colleges. This includes corporate buyers seeking platforms or add-on acquisitions, high net-worth individuals, private equity firms, and/or other qualified parties interested in K-12 private schools.

Our team has a strong track record of assisting school owners to find qualified buyers. Our hands-on approach is handled with strict confidentiality and minimal of intrusion in your school's operations. We work with a range of schools internationally - from small prep schools to large colleges and universities. We have a constant flow of potential buyers due to our extensive networking in the education market and word-of-mouth reputation. To ensure that our list of buyers is active, we regularly contact them to update information about their requirements.

Our position is to advise your ownership group through the challenges of a merger, acquisition, or divestiture; supporting the parties with the sale. Our approach is to guide the transaction process to maximize the value of your school and ensure that you meet your objectives.

School Sales Services

Our consulting services include valuation analysis, custom-tailored marketing plans, introduction to pre-screened prospective buyers and investors, analysis of offers, and consulting services throughout the entire process. Steps in our process include:

1. We introduce the ownership group to pre-screened prospective buyers. We have a growing list of qualified buyers that are interested in acquiring schools. This includes strategic corporate buyers for platform or add-on acquisitions, high net-worth individuals, private equity firms, and other qualified parties interested in the school sector
2. We select and screen candidates
3.  We support the transaction process for the seller
4. Our assessment process includes an onsite visit to your school to help HEG to write up an assessment, or we will seek your assistance in creating an objective assessment for the buyers. The procedures will, of course, differ from country-to-country.

Confidentiality

Our relationship with clients is conducted with complete confidentiality, commitment, and high ethical standards. The confidentiality that HEG provides means that the value of your school can be tested against a range of offers. For the purpose of confidentiality, we do not list the schools we are consulting with.