Breaking School Sale Announcement: Sale Of Landmark Florida Preparatory Academy To California-Based Investment Company
Halladay Education Group (HEG) is a leading M&A advisory firm specialized exclusively with consulting services and guidance with the sale of private schools in the US and Canada. As the advisors engaged by the owners of the US boarding high school, Florida Preparatory Academy, we are pleased to announce FPA's sale to the California-based investment company, Newopen USA. HEG was retained in an advisoral role with the schools' ownership as a consultant. This is fourth US boarding high school sale HEG has been involved as an advisor to the school owners with sale of their institution.
A new dawn has risen on one of Florida's landmark boarding high schools with the recent sale of Florida Preparatory Academy to Newopen USA. Florida Prep's President, James Dwight, shared: "This represents a tremendous leap forward for Florida Prep. Newopen is an exceptional fit for Florida Prep, for our students and our community. They have an extensive background in education overseas and have been looking for the right opportunity to expand into the United States for some time. They looked at many schools before they chose Florida Prep and the selection was based not only on our rich history and track record in academic excellence but also because of our amazing location on the Space Coast."
Florida Prep began life as Florida Air Academy, an all-boys' military, boarding high school housed in the retrofitted 1926 Lincoln Hotel. The unique, sprawling Mediterranean-revival style main building, or "Hall of Flags," continues to serve as the keystone structure on campus. It includes dormitories for boys and girls in Grades 5-12 from throughout Florida, as well as over 25 states and 30 countries. Mr. Dwight concluded: "I'm tremendously excited to be a part of this new chapter."
Regarding HEG's services, Mr. Dwight shared: "Douglas Halladay, President of Halladay Education Group, was instrumental with assisting and advising us with the sale of our school. He and his team at HEG simplified a complex process and guided us with professionalism throughout the entire process. Mr. Halladay's wealth of experience, contacts, business acumen, and perseverance brought us many qualified prospects and ultimately an exceptional buyer. The importance of his firm's commitment and availability as a key resource throughout the course of this critical transaction cannot be overstated."
CUSTOMIZED SCHOOL SALE SERVICES
HEG is the industry leader for the sale of private schools in North America, focused exclusively in the private education sector, and specifically: K-12, boarding, ESL, career colleges, and universities (non-profit or for-profit), and has the deepest pool of pre-qualified buyers in the sector. HEG advises clients across North America and internationally regarding the sale of their private school and has a proven track record assisting school owners to find the right buyer and advise them with the sale of their school.
Please feel free to contact me directly if you would like to find out more about our M&A services and the sale of your school or the school's we are currently assisting. You can contact me by email or my toll-free number +1.800.687.1492. I will circle back with you quickly to firm up a time convenient for you.