The Cedarhouse School Sold in Virginia
The team at HINGE Advisors is pleased to announce the sale of The Cedarhouse School, a top destination for early childhood education in the suburbs of Richmond, Virginia.
The Cedarhouse School was founded in 2005 by Elizabeth Bale after assessing the educational options available for her own children. Over the past 20 years, the school has been known and sought after by local families for its commitment to excellence in early learning.
After exploring her options for selling the school with other advisors in order to shift her focus back to her own family, Bale partnered with HINGE — a decision she says she would make again in a heartbeat.
"HINGE is phenomenal. The team provided much-needed calmness, positivity, and a wealth of sound advice throughout each step of the selling process. Thanks to their strategic guidance, the outcome far exceeded my expectations,” says Bale. “My investment in HINGE paid for itself many times over.”
The sale was led by Transaction Advisor Rich Hubschman and supported by a robust team of specialized ECE experts, including Diligence Manager Carrie Pergerson, Financial Analyst Marnie Rhen, and others.
A Strategic Approach to Selling
The HINGE team helped Bale maximize her value with a strategic go-to market approach. This entailed calculating an in-depth, proprietary valuation; confidentially marketing the school to committed buyers and investors; and negotiating multiple offers. Ultimately, Bale selected Big Blue Marble Academy as her successor.
“Early education is all about people and trust, and we never take that lightly. So when a school changes hands, it needs to be the right fit for both organizations on several fronts. That alignment is exactly what The Cedarhouse School and Big Blue Marble Academy have found in each other,” says Hubschman. “It was an honor to facilitate this deal and help both parties land a big win. Congratulations to all!”
Curious to know how much your childcare business is worth? If you own your school’s real estate or a multi-site company and are interested in receiving a free, custom valuation, please reach out!