Halladay Education Group ("HEG") is pleased to announce the sale of Sol Schools International to Australia-based Holmes Group. Halladay Education Group (HEG) acted as the M&A advisor for the school’s ownership. HEG is a leading M&A advisory firm specializing exclusively with advising school owners with the sale of private schools in North America, and is pleased to announce the successful closing of one of its advisory engagements with the owners the Sol Schools.
Our Client is selling their thriving fully-accredited Private For-Profit Preschool to Gr. 8 Prep School in the highly coveted Southern California market. With a unique integration of technology, global curriculum, and values-based learning model, this school stands out as an outstanding institution. The school operates within updated, purpose-built facilities with all the amenities. It has I-20 visa approval through SEVIS and current facilities handle up to 500 students. There is enough room to add a high school and dorms.
One of the critical blunders we see time-and-again with start-ups is that fact that founders haven't developed a detailed enough strategic business plan from pre-formation to operation over a five to seven year timeline to adequately determine whether: (1). The school is feasible in that particular market based on its program/operation/finance benchmarks; and (2) They've adequate capital to cover the initial cash-flow shortfall in the first two to three years of operation until they reach their break-even point.
