Details

Our client (“Project Scribe”) is a highly respected, very profitable post-secondary Title IV college specializing in court reporting education.

INVESTMENT HIGHLIGHTS
• Nationally accredited
• Degree-granting institution
• Title IV Participation
• A.A.S and Certificate Programs
• Scalable platforms with unlimited capacity for synchronous or asynchronous learning
• Experienced management team will stay after the sale
• Prequalified for SBA financing

The college awards both certificates and Associates degrees in court reporting. The college allows buyers to enter the private post-secondary market and participate in the Title IV federal student financial aid program.

The college's online business model allows it to offer all of its court reporting programs online and enroll students from across the United States and Canada. It also allows buyers to expand enrollment and program offerings with no physical campus or space restrictions.

The college has impressive educational outcomes. Due to the severe shortage of court reporters, the college’s students have no problem becoming gainfully employed. Students get jobs as court reporters, broadcast captioners, and CART providers using either the stenographic or voice methods.

The college has been an innovator in the court reporting industry, developing many “firsts” during its long history. As a result, it has a stellar reputation with employers and others in the court reporting industry.

The college is nationally accredited and participates in the Title IV student financial aid programs. Its 90/10 ratio has always been below 71%. The college has no complaints filed against it with its accrediting body, NCRA, or the U.S. Department of Education.

The college has 28 employees, including 4 full-time instructors, 16 part-time or adjunct instructors, and 8 admissions/administrative staff.

The college's owner retained our firm to sell the college so the owner can focus on other business opportunities.

A detailed offering memorandum and audited financial statements are available to qualified principals upon receipt of the attached nondisclosure agreement.

Learn More

Sign up for a free membership. Get instant access to thousands of listings. Learn about our membership plans.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.