9-Site Phoenix School Sold to International Provider
EDIT: A previous version of this blog named the selling school as a 10-site childcare business. It is a 9-site childcare business.
HINGE Advisors is excited to announce the successful sale of a 9-site, 50+ year family owned childcare business in the greater Phoenix market.
The selling family had built an incredible collection of schools with an independent, thriving team and modern systems and facilities but were looking for an exit from the day-to-day life of the business. They also wanted to retain the school’s owned real estate and lease to the new business owner, an international group of schools.
The team at HINGE, led by Senior Transaction Advisor Henry Tiberi, matched a list of potential buyers that would continue the business operations with the current team, had the resources to close in cash, and ran a streamlined process to get to a successful close.
We couldn’t be more thrilled for the sellers and wish them the best of luck in all of their future endeavors! Congratulations to everyone involved on this successful sale!
If you’re interested in selling your childcare business or want to know more about your exit options, contact our team at info@hingeadvisors.com.