Leading Childcare Business Sold in North Jersey
HINGE Advisors is pleased to announce the sale of a single-site childcare business in northern New Jersey.
When the owner decided to retire, they turned to the expertise of the HINGE team to sell the business. Running a competitive and confidential go-to-market process, HINGE attracted interest from multiple buyers.
“The center’s track record in the community, beautiful facility, and strong enrollment made the school a particularly attractive prospect for a variety of buyers,” explains HINGE Transaction Advisor Rich Hubschman, who led the deal.
Ultimately, the seller selected a national provider that offered an extremely competitive purchase price and an attractive deal structure with all cash at closing.
This school sale was also supported by Transaction Manager Carrie Pergerson, Financial Analyst Rusty Bailey, and Marketing Coordinator Marissa Webster.
Congratulations to the seller and the buyer on this transaction!
If you’re a childcare owner who is considering your exit options, get in touch with the HINGE team today at info@hingeadvisors.com to see how we can help you gain maximum value for your childcare business and real estate.