Allied Business Schools Acquired by Colibri Real Estate
Founded in 1992, Allied Business Schools is one of the premier online real estate training institutions in the country, offering both license and continuing education courses. Historically, 80% of the Company’s sales have come from real estate salesperson and broker licenses education. Allied has developed a unique geographical presence with solidified market shares in California and Texas.
The team at Navagant represented Allied in its sale to Colibri, a leading provider of professional education serving a wide range of markets.
Beth Tripodi, CEO, Allied Schools
“The team at Navagant definitely exceeded our expectations in the journey of our transaction. We had so many defining moments that could have been detrimental to the process without Jacob’s extensive knowledge and experience. No one could have done a better job than Jacob’s team in helping us prepare the documents for due diligence. We truly appreciate their passion and effort in getting the maximum value for the company.”
Jacob Voorhees, Managing Director, Navagant
“I enjoyed working with Beth on this transaction. With her assistance, we were able to create a seamless experience. The synergies between the two companies will create a comprehensive ecosystem for continuing education in the real estate industry. We truly appreciate and thank Beth and her team at Allied Schools for trusting us to be their financial advisor.”
Benefits & Long-Term Value Creation
Allied Business Schools, an online education institution, is committed to providing affordable, high-quality vocational coursework, instructional materials, and student services that are easily accessible to students. Allied Schools’ objective is to prepare students for new careers in the areas of real estate by enabling them to meet the educational criteria and to pass state licensure exams. Allied Schools opened its doors in 1992 with a vision to provide students with a convenient, flexible way to complete training for in-demand careers, opening doors to student’s ability to increase their earning power.
Colibri Group is building the future of professional education. Today, millions of licensed professionals start and advance their careers through the company’s online and in-person learning solutions for licensing, continuing education, test preparation and professional development. Headquartered in St. Louis, Missouri, Colibri Group provides a holistic learning experience for students and professionals to achieve more and thrive throughout their careers in real estate, financial services, teacher education, healthcare, valuation and property services, among other professions.
Navagant LLC is a middle-market investment bank focused exclusively on the Education & Training industry. We serve entrepreneurs, family businesses, large corporations, and financial sponsors seeking to optimize their transaction outcomes. Our sell-side advisory services include mergers and acquisitions, majority and minority recapitalizations, management buyouts, and corporate carve-outs. With a conscious-capital mission and a team of experienced professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes. For more information, please visit http://www.navagant.com.