Sale of Childcare Businesses in Memphis Markets

On October 31, 2014, Hinge facilitated the sale of two early education centers located in the Memphis, TN market. The pair of schools were a new entrance into the market for one of the nation’s largest education groups who was strategically placed to further develop the market.  This business transaction also included a simultaneous real estate sale to a REIT that specializes in the industry.  The sellers were individual owners seeking to transition their businesses and real estate to national buyers capable of supporting the growth and development of the programming and teachers located there.  Hinge was pleased to be a part of helping both organizations meet their selling and growth objectives.