Longstanding Childcare Business Sold in Charlotte

HINGE Advisors is thrilled to announce the successful sale of Lollipop Child Development Center in Charlotte, North Carolina.

The longstanding school boasts a beautiful facility with ample outdoor space and a tenured staff. Sellers Todd and Nancy Ridgeway were ready to retire and chose the team at HINGE to lead the sale of their childcare business.

Using our proven competitive process, HINGE was able to attract multiple offers for the seller who ultimately selected a national provider due to their ease of process, complementary culture, operational alignment, and competitive pricing. Congratulations to all parties on this incredibly successful transaction!

“Thanks to everyone for helping us through this process. It has been a huge undertaking and we have learned so much. We are looking forward to the freedom we will finally have. God is good.”
— Todd and Nancy Ridgeway

This school sale was led by Transaction Advisor Alec Ligon who was supported by Transaction Manager Carrie Pergerson, Financial Analyst Rusty Bailey, and Marketing Coordinator Marissa Webster.

If you’re ready to sell your early education business or want to start planning for your succession, get in touch with the HINGE team today at info@hingeadvisors.com.