As we interact with clients throughout the year, we always enjoy discussing their succession plan as they consider the future of their companies. It is beneficial to begin with the end in mind, regardless of the age of the owner, the phase of the business life cycle, or the current economic factors.

We are experiencing great demand for high-quality businesses in our industry and noticing an increase in competitiveness for attractive acquisitions—especially multi-site operations. Recently many owners are asking us about whether the multiples being paid for businesses are increasing.

HINGE has developed relationships with many real estate investors, both individual and institutional, that love the education industry and have stepped up with some strong purchase prices in the last six months.