Email from Halladay Education Group Inc. Latest News & Updates: Questions Raised About the Quest University Legacy Volume 189 | April 1, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 189th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG MARKET INTELLIGENCE Global private school and post-secondary transaction activity remains robust. In the UK, independent schools are consolidating rapidly — Framlingham College, Beaudesert Park, and Amesbury School all announced group mergers within the same month. Roedean's decision to withdraw from its proposed Mill Hill merger highlights that choosing the right partner is just as important as finding any partner. Internationally, Forfar Education is expanding into Greece, while the Fullmind/Elevate K-12 merger creates the largest virtual K-12 provider in the US. Closer to home, a federal audit confirmed that Canada's international student cap has had a much greater impact than Ottawa anticipated — a policy correction we expect to see addressed. For school owners considering their next chapter, understanding how these global trends influence your institution's value and timing is precisely what HEG offers. We welcome the conversation. Call To Action: If you’re considering a sale, merger, acquisition, or recapitalization in 2026, now is the time to assess your positioning before the process begins. Let’s schedule a confidential 30-minute call to benchmark your institution against current buyer criteria and identify the value drivers that influence valuation and deal certainty. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  1) REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL (EASTERN CANADA) REVIEWING OFFER Established co-ed school with 50+ years of history, 300+ students, and near-100% university placement. FY26F: $8.2M revenue / $2.0M adjusted EBITDAR. Well-located, multi-site urban campus with ~63% enrollment growth capacity. Buyer value: durable brand, outcomes-driven positioning, diversified delivery (day + boarding), and clear pathway to scale with measured capex and enrollment management. More Info 2) PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE SIGNED LOI High-recognition creative media institution with programs designed and taught by award-winning industry professionals. Buyer value: differentiated curriculum, brand credibility with students and employers, and strong content-to-career alignment that supports pricing power and repeat intakes. Growth levers: program expansion in high-demand digital disciplines, partnerships with studios/employers, and scalable hybrid delivery where appropriate. Status: reviewing offers. More Info 3) MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE SIGNED LOI Western Canada platform with 30+ years of operations and strong graduate outcomes. FY25F: $2.0M revenue / $380K EBITDA (18%), scaling to $2.7M / $771K (29%) by FY28F. 100% domestic enrollment, regulatory protection, and a trusted brand. Buyer value: recession-resilient demand, strong cash flow, and 2x EBITDA growth through capacity, scheduling, and program optimization. More Info 4) PREMIUM EUROPEAN SUMMER CAMP PLATFORM Project Alpine: 50+ years, 350,000 alumni, and participants from 60 countries. FY26F: US$7.2M revenue / $1.2M EBITDA. Buyer value: brand equity, high-margin enrollments, multi-country programming, and repeat/cross-sell potential across channels. Growth levers include extended seasons, new locations, and structured partnerships. More Info 5) U.S. FOR-PROFIT K-12 BUYER (VOUCHER/ESA STATES) Global operator seeking acquisitions of for-profit day schools in voucher/ESA markets. Target: $500K–$5M EBITDA, strong academics, and clear growth. Flexible deal structures, including real estate options, are suitable for single sites or small groups. Priority: FL, TX, AZ, GA (plus IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, TN). Confidential, founder-friendly, proven integration. More info 6) ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS Leading career college in fashion, interior, and technical design, with 98% domestic enrollment and modular hybrid programming. Forecast: >$2.0M revenue and $615K EBITDA by 2028. Buyer value: turnkey operation, breadth of curriculum, and expanded registrations through flexible delivery. Growth levers include new certificates, corporate partnerships, and geographic reach through hybrid. Attractive to strategics seeking creative-education exposure with disciplined margins. More Info 7) REGULATED HEALTHCARE CAREER COLLEGE GROUP (WESTERN CANADA) Market-leading, multi-campus healthcare education platform. FY25 anchors at $14.5M in revenue and $3.4M in EBITDA (23% margin), scaling asset-light to $19.3M and $5.9M by FY27F (30% margin), demonstrating strong earnings momentum and growth visibility. Programs include Practical Nursing (LPN) and allied health. Underwriting rests on: (i) approved programs with domestic financial-eligibility status, (ii) defensible practicum access, and (iii) predominantly domestic tuition revenues. More Info 8) PROFITABLE TRANSPORT CANADA–APPROVED FTU + AVIATION CAREER COLLEGE (WESTERN CANADA) Scaled, asset-backed aviation training platform: Transport Canada–approved FTU within a provincially accredited career college with DLI and Student Aid eligibility. FY26F: $3.45M revenue, ~335 students, normalized EBITDA ~$910K (FY24–FY25F avg), expanding to ~$1.05M at 30%+ margins. Leased airside campus; 11-aircraft fleet (~$2.6M), simulator, and maintenance operations create a defensible regulatory/operating moat. More Info 9) MULTI-CAMPUS WESTERN CANADIAN HEALTH / WELLNESS / BEAUTY CAREER COLLEGE PLATFORM Scaled multi-campus Western Canadian career college group with substantial healthcare exposure and FY26F projected EBITDA of about $2.6M on $6.6M of revenue. The platform combines domestic demand, practical employer-aligned training, and a capacity-ready multi-campus footprint that supports further margin expansion. Growth opportunities include adding cohorts, selective program expansion, pricing optimisation, and increased clinic and salon utilisation. More Info To Come. More Opportunities Info FEATURED NEWS QUESTIONS RAISED ABOUT THE QUEST UNIVERSITY LEGACY In wake of merger talk, Quest and Columbia College officials say they are looking ahead to a bright future. Read more XCL EDUCATION ENTERS THAILAND EASTERN ECONOMIC CORRIDOR Through a strategic partnership with Mooltripakdee International School (MIS) in Chonburi, Thailand. Read more FULLMIND ACQUIRES ELEVATE K-12 SERVING NATIONWIDE Will create nation's largest dedicated virtual K-12 education company in more than 225 school districts. Read more ALSO IN THE NEWS FORFAR EXPANDS IN GREECE WITH LAUNCH OF THE BRITISH SCHOOL OF THESSALONIKI Announcing BST is set to open its doors to pupils in September 2026.. Read more UNACADEMY TO BE ACQUIRED BY UPGRAD IN SHARE-SWAP DEAL Bringing together two major online learning platforms in India. Read more MOORFIELD SCHOOL JOINS FORCES WITH BRADFORD GRAMMAR Moorfield in Ilkley is known for its outdoor learning and bushcraft provision. Read more CANADA: GOVERNMENT AUDIT FINDS IMPACT OF INTERNATIONAL STUDENT CAP FAR GREATER THAN EXPECTED Audit found significant issues with the design, monitoring, and oversight of restrictive policy settings. Read more ROEDEAN OPTS AGAINST MILL HILL MERGER Both Roedean and Mill Hill have now mutually agreed not to proceed. Read more STORAL ACQUIRES TWO OXFORDSHIRE NURSERIES Bringing the group’s portfolio up to 57 nurseries across England. Read more THE LATEST INDEPENDENT SCHOOL MERGERS - ROUND-UP A clutch of schools are joining larger groups, including Framlingham College and Amesbury School. Read more CHICAGO PRIVATE SCHOOL USING AI INSTEAD OF TEACHERS ENROLLING FOR FALL Would you pay to send your child to a private school with no teachers and learning driven by AI? Read more UK UNIVERSITIES FLOCK TO INDIA - BUT WILL THEY SUCCEED? University of Southampton Delhi was the first UK university to open a campus in India. Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: Cognita Enters Austrian Market Volume 188 | March 15, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 188th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG MARKET INTELLIGENCE Global operators continue to lead the way. Cognita — now managing over 90 schools across 21 countries — has expanded into Austria and added its 18th school in Chile, demonstrating the persistent cross-border interest of institutional buyers. In the UK, new for-profit group QED Schools is actively acquiring independent schools, while over 100 schools have closed since VAT was introduced on independent school fees — speeding up distressed sales and mergers. However, deals sometimes fall through: community opposition forced St Lawrence College to cancel its planned merger with Dover College. Meanwhile, PE-backed consolidation remains active in post-secondary education, with Atlantic Street Capital merging CampusWorks and Dynamic Campus to increase scale. For school owners and buyers, the message is clear: strategic acquirers are well-funded and acting quickly — professional transaction advice has never been more crucial. Call To Action: If you’re considering a sale, merger, acquisition, or recapitalization in 2026, now is the time to assess your positioning before the process begins. Let’s schedule a confidential 30-minute call to benchmark your institution against current buyer criteria and identify the value drivers that influence valuation and deal certainty. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  1) REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL (EASTERN CANADA) REVIEWING OFFER Established co-ed school with 50+ years of history, 300+ students, and near-100% university placement. FY26F: $8.2M revenue / $2.0M adjusted EBITDAR. Well-located, multi-site urban campus with ~63% enrollment growth capacity. Buyer value: durable brand, outcomes-driven positioning, diversified delivery (day + boarding), and clear pathway to scale with measured capex and enrollment management. More Info 2) PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE SIGNED LOI High-recognition creative media institution with programs designed and taught by award-winning industry professionals. Buyer value: differentiated curriculum, brand credibility with students and employers, and strong content-to-career alignment that supports pricing power and repeat intakes. Growth levers: program expansion in high-demand digital disciplines, partnerships with studios/employers, and scalable hybrid delivery where appropriate. Status: reviewing offers. More Info 3) PREMIUM EUROPEAN SUMMER CAMP PLATFORM REVIEWING OFFER Project Alpine: 50+ years, 350,000 alumni, and participants from 60 countries. FY26F: US$7.2M revenue / $1.2M EBITDA. Buyer value: brand equity, high-margin enrollments, multi-country programming, and repeat/cross-sell potential across channels. Growth levers include extended seasons, new locations, and structured partnerships. More Info 4) MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE SIGNED LOI Western Canada platform with 30+ years of operations and strong graduate outcomes. FY25F: $2.0M revenue / $380K EBITDA (18%), scaling to $2.7M / $771K (29%) by FY28F. 100% domestic enrollment, regulatory protection, and a trusted brand. Buyer value: recession-resilient demand, strong cash flow, and 2x EBITDA growth through capacity, scheduling, and program optimization. More Info 5) U.S. FOR-PROFIT K-12 BUYER (VOUCHER/ESA STATES) Global operator seeking acquisitions of for-profit day schools in voucher/ESA markets. Target: $500K–$5M EBITDA, strong academics, and clear growth. Flexible deal structures, including real estate options, are suitable for single sites or small groups. Priority: FL, TX, AZ, GA (plus IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, TN). Confidential, founder-friendly, proven integration. More info 6) ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS Leading career college in fashion, interior, and technical design, with 98% domestic enrollment and modular hybrid programming. Forecast: >$2.0M revenue and $615K EBITDA by 2028. Buyer value: turnkey operation, breadth of curriculum, and expanded registrations through flexible delivery. Growth levers include new certificates, corporate partnerships, and geographic reach through hybrid. Attractive to strategics seeking creative-education exposure with disciplined margins. More Info 7) REGULATED HEALTHCARE CAREER COLLEGE GROUP (WESTERN CANADA) Market-leading, multi-campus healthcare education platform. FY25 anchors at $14.5M in revenue and $3.4M in EBITDA (23% margin), scaling asset-light to $19.3M and $5.9M by FY27F (30% margin), demonstrating strong earnings momentum and growth visibility. Programs include Practical Nursing (LPN) and allied health. Underwriting rests on: (i) approved programs with domestic financial-eligibility status, (ii) defensible practicum access, and (iii) predominantly domestic tuition revenues. More Info 8) PROFITABLE TRANSPORT CANADA–APPROVED FTU + AVIATION CAREER COLLEGE (WESTERN CANADA) Scaled, asset-backed aviation training platform: Transport Canada–approved FTU within a provincially accredited career college with DLI and Student Aid eligibility. FY26F: $3.45M revenue, ~335 students, normalized EBITDA ~$910K (FY24–FY25F avg), expanding to ~$1.05M at 30%+ margins. Leased airside campus; 11-aircraft fleet (~$2.6M), simulator, and maintenance operations create a defensible regulatory/operating moat. More Info More Info FEATURED NEWS COGNITA ENTERS AUSTRIAN MARKET WITH NEW SCHOOL NEAR SALZBURG St. Gilgen International School, near Salzburg, joins Cognita's global community. Read more ALPHA SCHOOLS TO ACQUIRE GODSTOWE SCHOOL The move marks a significant change for the independent preparatory school. Read more LIGHTHOUSE TAKING OVER GURUGRAM PRESHOOL KKR-Controlled EuroKids Operator Lighthouse strengthens its early childhood offerings Read more ALSO IN THE NEWS COLUMBIA COLLEGE AND QUEST ANNOUNCE THEY ARE COLLABORATING Partners outline degrees and allied health programs for proposed new university. Read more PREP NETWORK ACQUIRES COAST 2 COAST PREPS Inaugural acquisition creates youth basketball content and premium events platform. Read more CAMPUSWORKS AND DYNAMIC CAMPUS MERGE TO EXPAND IMPACT CampusWorks, a leading provider of services, and support that improve organizational effectiveness. Read more COGNITA EXPANDS LATIN AMERICAN FOOTPRINT The English Institute in Providencia, a commune of Santiago, Chile, has joined Cognita. Read more QUICKSTART ACQUIRES IRONCIRCLE Expands AI-Powered Cybersecurity Education and Workforce Readiness. Read more ST LAWRENCE COLLEGE PULLS OUT OF MERGER Repton Schools hopes St Lawrence College will not allow its assets to move to the for-profit sector. Read more MIAMI SCHOOL MADNESS What happens when a wave of wealthy newcomers arrives in a city with an already strained private school system? Read more WARMINSTER SCHOLL TO JOIN QED GROUP Warminster School will be the second IB school in the new QED Schools Group. Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: KKR agreed to buy a majority stake in XCL Education Volume 187 | March 1, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 187th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG MARKET INTELLIGENCE Private education deal flow has remained steady into 2026, but premium-multiple buyers are more selective. Scaled platforms with repeatable enrollment engines, defensible pricing, and clean governance are winning; others face longer timelines. XCL Education’s reported US$1.3B valuation suggests institutional capital continues to target premium K–12 networks with regional growth paths. In North America, healthcare education remains the anchor: Curry College’s acquisition of Labouré’s nursing programs highlights the pull of licensure-linked outcomes. Real estate is returning through OpCo/PropCo and lease-backed structures. Globally, growth in Dubai and Saudi Arabia, along with Japan’s international targets, intensifies competition. Diligence now centres on the AI rollout and heightened scrutiny of compliance and sanctions. Call To Action: If you’re considering a sale, merger, acquisition, or recapitalization in 2026, now is the time to assess your positioning before the process begins. Let’s schedule a confidential 30-minute call to benchmark your institution against current buyer criteria and identify the value drivers that influence valuation and deal certainty. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  1) REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL (EASTERN CANADA) REVIEWING OFFER Established co-ed school with 50+ years of history, 300+ students, and near-100% university placement. FY26F: $8.2M revenue / $2.0M adjusted EBITDAR. Well-located, multi-site urban campus with ~63% enrollment growth capacity. Buyer value: durable brand, outcomes-driven positioning, diversified delivery (day + boarding), and clear pathway to scale with measured capex and enrollment management. More Info 2) PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE SIGNED LOI High-recognition creative media institution with programs designed and taught by award-winning industry professionals. Buyer value: differentiated curriculum, brand credibility with students and employers, and strong content-to-career alignment that supports pricing power and repeat intakes. Growth levers: program expansion in high-demand digital disciplines, partnerships with studios/employers, and scalable hybrid delivery where appropriate. Status: reviewing offers. More Info 3) FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK REVIEWING OFFER Premium career college group with 22+ campuses across nine cities. FY25: $35.7M revenue / $9.1M adjusted EBITDA. 94% of programs are in high-demand fields, primarily healthcare, with a 100% domestic student base and strong cash conversion. Buyer value: a multi-campus platform, resilient demand drivers, and a proven playbook. Upside via organic campus growth and targeted tuck-in acquisitions. More Info 4) MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE REVIEWING OFFER Western Canada platform with 30+ years of operations and strong graduate outcomes. FY25F: $2.0M revenue / $380K EBITDA (18%), scaling to $2.7M / $771K (29%) by FY28F. 100% domestic enrollment, regulatory protection, and a trusted brand. Buyer value: recession-resilient demand, strong cash flow, and 2x EBITDA growth through capacity, scheduling, and program optimization. More Info 5) PREMIUM EUROPEAN SUMMER CAMP PLATFORM REVIEWING OFFER Project Alpine: 50+ years, 350,000 alumni, and participants from 60 countries. FY26F: US$7.2M revenue / $1.2M EBITDA. Buyer value: brand equity, high-margin enrollments, multi-country programming, and repeat/cross-sell potential across channels. Growth levers include extended seasons, new locations, and structured partnerships. More Info 6) ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS Leading career college in fashion, interior, and technical design, with 98% domestic enrollment and modular hybrid programming. Forecast: >$2.0M revenue and $615K EBITDA by 2028. Buyer value: turnkey operation, breadth of curriculum, and expanded registrations through flexible delivery. Growth levers include new certificates, corporate partnerships, and geographic reach through hybrid. Attractive to strategics seeking creative-education exposure with disciplined margins. More Info 7) U.S. FOR-PROFIT K-12 BUYER (VOUCHER/ESA STATES) Global operator seeking acquisitions of for-profit day schools in voucher/ESA markets. Target: $500K–$5M EBITDA, strong academics, and clear growth. Flexible deal structures, including real estate options, are suitable for single sites or small groups. Priority: FL, TX, AZ, GA (plus IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, TN). Confidential, founder-friendly, proven integration. More info 8) PROFITABLE TRANSPORT CANADA–APPROVED FTU + AVIATION CAREER COLLEGE (WESTERN CANADA) Scaled, asset-backed aviation training platform: Transport Canada–approved FTU within a provincially accredited career college with DLI and Student Aid eligibility. FY26F: $3.45M revenue, ~335 students, normalized EBITDA ~$910K (FY24–FY25F avg), expanding to ~$1.05M at 30%+ margins. Leased airside campus; 11-aircraft fleet (~$2.6M), simulator, and maintenance operations create a defensible regulatory/operating moat. More Info 9) REGULATED HEALTHCARE CAREER COLLEGE GROUP (WESTERN CANADA) Market-leading, multi-campus healthcare education platform. FY25 anchors at $14.5M in revenue and $3.4M in EBITDA (23% margin), scaling asset-light to $19.3M and $5.9M by FY27F (30% margin), demonstrating strong earnings momentum and growth visibility. Programs include Practical Nursing (LPN) and allied health. Underwriting rests on: (i) approved programs with domestic financial-eligibility status, (ii) defensible practicum access, and (iii) predominantly domestic tuition revenues. More Info More Info FEATURED NEWS KKR AGREED TO BUY A MAJORITY STAKE IN XCL EDUCATION In a US$1.3B deal, KKR outbid other investment firms for the stake held by TPG Read more UNIVERSITY OF ST. AUGUSTINE'S FLORIDA CAMPUS SOLD FOR $71.5M The campus was built on the former St. Augustine Record newspaper headquarters Read more SCOTLAND'S LOMOND SCHOOL WILL JOIN QED SCHOOLS GROUP Lomond School, a co-educational independent day and boarding school for pupils aged 3 - 18 Read more ALSO IN THE NEWS CURRY COLLEGE WILL ACQUIRE LABOURE'S NURSING PROGRAMS AND ASSETS Labouré plans to shut its doors and cease academic operations Read more SAUDI ARABIA'S NEXT EDUCATION BOOM: 4 KEY TRENDS Saudi private K-12 expanding, driven by reform and demand for digitally focused education Read more DOVER COLLEGE AND ST LAWRENCE COLLEGE TO MERGE Two Kent independent schools will merge on the Dover College site and join Repton Family of Schools Read more OPENAIPUSHES INTO HIGHER EDUCATION AS INDIA SEEKS TO SCALE AI SKILLS OpenAI is partnering with Indian universities to scale AI tools and curricula for 100,000+ learners Read more NORD ANGLIA WILL OPEN A NEW BRITISH-CURRICULUM SCHOOL IN DUBAI With further all-through campuses across Dubai all pending KHDA approval Read more OFAC SETTLEMENT SIGNALS SANCTIONS RISK FOR SCHOOLS An OFAC settlement highlights sanctions compliance risk for schools with international exposure Read more JAPAN HIT ITS INTERNATIONALISATION TARGET EIGHT YEARS EARLY Japan’s internationalisation drive saw overseas student numbers surpass 400,000 last year Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: American Academy Casablanca Joins International Schools Partnership Volume 186 | February 15, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 186th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS Consolidation in education has evolved from a strategy to a standard operating procedure. Over the past several weeks, we've tracked platform extensions across Morocco, Switzerland, Saudi Arabia, and Greece, and continued private capital deployment in scalable post-secondary and skills models. The playbook remains consistent: build regional density, professionalize enrollment and marketing, centralize operations, and separate operating companies from property holdings as institutions shift to an "asset-light" model. What we're advising clients on most: buyers now underwrite institutional readiness alongside program quality. For premium K-12 schools, this means demonstrating enrollment stability, brand strength in your catchment area, financial transparency, and governance maturity—attributes that command material valuation premiums when properly documented and positioned. For Canadian private career colleges, the emphasis is on defensible enrollment demand, regulatory durability, and margin resilience. Owners who can articulate these fundamentals are achieving stronger valuations and deal certainty—whether they transact now or position for later. Call To Action: If you're considering growth, succession, or a sale in the next 12–24 months, let's schedule a confidential 30-minute positioning call. We'll benchmark your institution against current buyer criteria and identify the value drivers (and fixes) that typically move valuation and deal certainty. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  1) REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL (EASTERN CANADA) REVIEWING OFFER Established co-ed school with 50+ years of history, 300+ students, and near-100% university placement. FY26F: $8.2M revenue / $2.0M adjusted EBITDAR. Well-located, multi-site urban campus with ~63% enrollment growth capacity. Buyer value: durable brand, outcomes-driven positioning, diversified delivery (day + boarding), and clear pathway to scale with measured capex and enrollment management. More Info. 2) PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE SIGNED LOI High-recognition creative media institution with programs designed and taught by award-winning industry professionals. Buyer value: differentiated curriculum, brand credibility with students and employers, and strong content-to-career alignment that supports pricing power and repeat intakes. Growth levers: program expansion in high-demand digital disciplines, partnerships with studios/employers, and scalable hybrid delivery where appropriate. Status: reviewing offers. More Info. 3) FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK REVIEWING OFFER Premium career college group with 22+ campuses across nine cities. FY25: $35.7M revenue / $9.1M adjusted EBITDA. 94% of programs are in high-demand fields, primarily healthcare, with a 100% domestic student base and strong cash conversion. Buyer value: a multi-campus platform, resilient demand drivers, and a proven playbook. Upside via organic campus growth and targeted tuck-in acquisitions. More Info. 4) ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS Leading career college in fashion, interior, and technical design, with 98% domestic enrollment and modular hybrid programming. Forecast: >$2.0M revenue and $615K EBITDA by 2028. Buyer value: turnkey operation, breadth of curriculum, and expanded registrations through flexible delivery. Growth levers include new certificates, corporate partnerships, and geographic reach through hybrid. Attractive to strategics seeking creative-education exposure with disciplined margins. More Info. 5) MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE REVIEWING OFFER Western Canada platform with 30+ years of operations and strong graduate outcomes. FY25F: $2.0M revenue / $380K EBITDA (18%), scaling to $2.7M / $771K (29%) by FY28F. 100% domestic enrollment, regulatory protection, and a trusted brand. Buyer value: recession-resilient demand, strong cash flow, and 2x EBITDA growth through capacity, scheduling, and program optimization. More Info. 6) PREMIUM EUROPEAN SUMMER CAMP PLATFORM REVIEWING OFFER Project Alpine: 50+ years, 350,000 alumni, and participants from 60 countries. FY26F: US$7.2M revenue / $1.2M EBITDA. Buyer value: brand equity, high-margin enrollments, multi-country programming, and repeat/cross-sell potential across channels. Growth levers include extended seasons, new locations, and structured partnerships. More Info. 7) U.S. FOR-PROFIT K-12 BUYER (VOUCHER/ESA STATES) Global operator seeking acquisitions of for-profit day schools in voucher/ESA markets. Target: $500K–$5M EBITDA, strong academics, and clear growth. Flexible deal structures, including real estate options, are suitable for single sites or small groups. Priority: FL, TX, AZ, GA (plus IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, TN). Confidential, founder-friendly, proven integration. More info. 8) PROFITABLE TRANSPORT CANADA–APPROVED FTU + AVIATION CAREER COLLEGE (WESTERN CANADA) Scaled, asset-backed aviation training platform: Transport Canada–approved FTU within a provincially accredited career college with DLI and Student Aid eligibility. FY26F: $3.45M revenue, ~335 students, normalized EBITDA ~$910K (FY24–FY25F avg), expanding to ~$1.05M at 30%+ margins. Leased airside campus; 11-aircraft fleet (~$2.6M), simulator, and maintenance operations create a defensible regulatory/operating moat. More Info. More Info  FEATURED NEWS AMERICAN ACADEMY CASABLANCA JOINS INTERNATIONAL SCHOOLS PARTNERSHIP  internationalschools.com AAC was established in 1996 and has more than 1,000 students, from Pre-K to 12th grade... Read more INSPIRED WELCOMES GENEVA ENGLISH SCHOOL TO ITS GLOBAL PREMIUM GROUP OF SCHOOLS inspirededu.com The school is Inspired’s third school in Switzerland as it continues to grow its community and ... Read more UK-BASED ICG EXITS SINGAPORE'S PSB ACADEMY TO LOCAL INVESTMENT FIRM dealstreetasia.com Selling the private education provider to Sun Venture, a local investment company... Read more ALSO IN THE NEWS JORDAN'S ALEFREDO EDTECH ACQUIRES UK'S TUTOR HOUSE The deal valued at $600,000 is primarily structured as equity in Alefredo Holding Company ...Read more HIGHER EDUCATION A $100 BILLION REAL ESTATE OPPORTUNITY As universities may adopt asset-light strategy ...Read more NEW HALL SCHOOL ADDS ST ANNE'S PREP TO 'FAMILY' New Hall will take on the running of St Anne's Prep from the Robson family ...Read more SELLING YOUR SCHOOL: THE REALITY OF JOINING AN INTERNATIONAL GROUP As schools across the world are snapped up by giant groups ...Read more COGNITA MIDDLE EAST IS PROUD TO PARTNER WITH ROSHN GROUP Cognita and ROSHN Group to open new King’s College Riyadh campus in SEDRA, Saudi Arabia ...Read more FORFAR EDUCATION ANNOUNCES STRATEGIC ENTRY INTO GREECE Through the acquisition of Rodion Pedia School, a leading K–12 independent school ...Read more THE ASPASIA GROUP, BACKED BY GROWTH PARTNERS CAPITAL, ACQUIRES FIVESTARS One of the most established private fitness and sports nutrition training institutions in the Spanish market ...Read more OUTCOMES FIRST GROUP BRANCHES INTO EUROPE Globeducate has sold Colegio Areteia in Madrid to UK-based Outcomes First Group...Read more HOW CAN SMALL COLLEGES SURVIVE IN AN ERA OF CONSOLIDATION? This article builds on conversations and complements the recent synthesis of insights shared ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: Dukes Education Acquires Fifth School In Portugal Volume 185 | February 1, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 185th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS The global private-school M&A market is moving faster than many owners realize. In the past few months alone, established groups such as Dukes Education and Inspired have expanded into new countries; legacy independent schools have opted for for-profit structures they once avoided; and early childhood platforms such as Cadence Education continue acquiring premium assets in competitive markets. Post-secondary groups are rebranding for global expansion, and new UK school platforms are forming with acquisition mandates. The common thread? Capital is flowing to schools that combine strong academics with operational readiness. Buyers—whether strategic groups or financial sponsors—want assets they can integrate quickly: clear financials, transferable leadership, documented systems, and growth potential. What this means for school owners: If you've been considering a transition, partnership, or sale in the next 1-3 years, now is the time to position your school strategically. The market rewards preparation—buyers pay premiums for schools that are ready, not just willing. What this means for buyers: Quality assets in the US and Canadian markets remain fragmented and often undercapitalized. For groups seeking expansion in these geographies, opportunities exist—but they require local market knowledge and careful diligence. If you're evaluating your options or exploring opportunities in North America, I'd welcome a conversation. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL Established Eastern Canadian co-ed private school with 300+ students, a 50-year history, and near-100% university placement. Projected to generate $8.2M revenue and $2.0M adjusted EBITDAR in FY26, with approximately 63% enrollment growth potential across a well-located multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Premium career college group with over 22 campuses across nine cities, generating FY25 revenue of $35.7M and $9.1M in adjusted EBITDA. Delivers career-aligned programs, with 94% concentrated in high-demand fields primarily in healthcare. 100% domestic student base, strong cash flow profile, and meaningful upside through organic campus growth and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE - REVIEWING OFFERS One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. U.S. FOR-PROFIT K-12 BUYER | VOUCHER/ESA STATES Global K-12 operator seeking acquisitions of private for-profit day schools in voucher/ESA markets, with flexible deal and real estate structures. Targets include schools with $500K–$5M EBITDA, strong academics, and clear growth potential; suitable for single-site or small groups. Priority regions are FL, TX, AZ, GA; also IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, and TN. The process is confidential, with founder-friendly terms and proven integration. More info. PROFITABLE TRANSPORT CANADA–APPROVED FLIGHT TRAINING UNIT (FTU) + AVIATION CAREER COLLEGE IN WESTERN CANADA Confidential opportunity to acquire a scaled, asset-backed Western Canadian aviation training platform that combines a Transport Canada–approved FTU within a provincially accredited private career college, supported by DLI status and Student Aid eligibility. FY2026F revenue is projected at $3.45M with ~335 students, and normalized EBITDA is ~$910K (FY2024–FY2025F average), expanding to ~$1.05M by FY2026F at 30%+ margins. The business operates from a leased airside campus with dedicated hangar access and includes an 11-aircraft fleet (~$2.6M), a TC-approved simulator, and maintenance operation, creating a regulatory and operating moat that is difficult to replicate. More Info. More Info  FEATURED NEWS DUKES EDUCATION ACQUIRES FIFTH SCHOOL IN PORTUGAL  tes.com The group, which was only founded in 2015 and did not start its overseas expansion until 2022, is one of the fastest... Read more WYCLIFFE COLLEGE JOINS NEW FOR-PROFIT GROUP schoolmanagementplus.com More UK independent schools are expected to join the QED Schools Group soon... Read more INSPIRED WELCOMES THE PRESTIGIOUS GENEVA ENGLISH SCHOOL inspirededu.com Geneva English School is renowned for its academic vigour and outstanding performance... Read more ALSO IN THE NEWS HARROW SCHOOL ACQUIRES LOCKERS PARK SCHOOL A boys’ day and boarding prep school in Hemel Hempstead ...Read more BPP SIGNALS NEXT ERA OF GROWTH Unveiling New Global Parent Brand: Lyceum Education Group ...Read more SCHOOLWISE FACILITATES SALE OF PREMIER ATLANTA-AREA EARLY LEARNING CENTER SchoolWise, the nation's leading sell-side advisor to owners of early childhood education ...Read more TESTING GIANT SHOPS GRE AND TOEFL EXAMS FOR AROUND $500M Industry has faced pressure since pandemic, when many universities made exams optional ...Read more VANDERBILT UNIVERSITY BUYS CALIFORNIA COLLEGE OF THE ARTS IN SAN FRANCISCO A major expansion that would extend the private research university’s footprint to the West Coast ...Read more ISP CONTINUES GLOBAL GROWTH EXPANSION BY ADDING ITS 113TH SCHOOL American Academy Casablanca in Morocco is the latest school to be snapped up ...Read more NEW INTERNATIONAL SCHOOLS GROUP LAUNCHES The QED Schools Group of international schools has launched this week ...Read more CHINESE APPLICATIONS TO BRITISH UNIVERSITIES SURGE Chinese demand for British degrees jumps again despite warnings over ...Read more GEDU GROUP TO BECOME LARGEST FOREIGN EDUCATION INVESTOR IN INDIA By investing a further £200 million over the next three years, creating 1,500 jobs ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: Millpond-backed Galileo Education Acquires Two Schools Volume 184 | January 15, 2026 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 184th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS Platform Consolidation Accelerates: Millpond-backed Galileo's acquisition of two private schools in Florida reinforces ongoing PE activity in K–12, particularly where assets integrate into centralized operations and shared infrastructure. Beyond direct school acquisitions, consolidation in student outcomes technology is gaining momentum—Edmentum acquired MajorClarity, and Magma Math closed a $10M round to expand AI-enabled math instruction. Parallel Learning's $20M Series B, focused on special education delivery with measurable outcomes, shows capital flowing to capacity gaps that districts cannot address internally. Institutional Mergers Gain Traction: Pacific and Willamette universities have executed an LOI for merger-related due diligence. At the same time, Exeter College and Petroc completed their combination to form the Exeter and North Devon Colleges Group in the UK. Cross-border brand partnerships are also emerging—Meraki Education's collaboration with St Paul's Girls' School to launch a Dubai campus illustrates how premium institutional reputations are being leveraged to enter high-growth international markets. Implications for Private School Owners: Buyers are assessing governance structure, management depth, enrollment stability, and operational scalability. Schools with documented systems, diversified revenue, and professional financial reporting command premium valuations. If you are evaluating a sale, recapitalization, or strategic partnership, current buyer appetite creates a narrow window to optimize timing and pricing. If you are thinking about a sale, forming a group, or pursuing targeted acquisitions, now is a great time to prepare for premium results. Contact Halladay Education Group for a confidential consultation. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL Established Eastern Canadian co-ed private school with 300+ students, a 50-year history, and near-100% university placement. Projected to generate $8.2M revenue and $2.0M adjusted EBITDAR in FY26, with approximately 63% enrollment growth potential across a well-located multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Premium career college group with over 22 campuses across nine cities, generating FY25 revenue of $35.7M and $9.1M in adjusted EBITDA. Delivers career-aligned programs, with 94% concentrated in high-demand fields primarily in healthcare. 100% domestic student base, strong cash flow profile, and meaningful upside through organic campus growth and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE - REVIEWING OFFERS One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. U.S. FOR-PROFIT K-12 BUYER | VOUCHER/ESA STATES Global K-12 operator seeking acquisitions of private for-profit day schools in voucher/ESA markets, with flexible deal and real estate structures. Targets include schools with $500K–$5M EBITDA, strong academics, and clear growth potential; suitable for single-site or small groups. Priority regions are FL, TX, AZ, GA; also IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, and TN. The process is confidential, with founder-friendly terms and proven integration. More info. PROFITABLE TRANSPORT CANADA–APPROVED FLIGHT TRAINING UNIT (FTU) + AVIATION CAREER COLLEGE IN WESTERN CANADA Confidential opportunity to acquire a scaled, asset-backed Western Canadian aviation training platform that combines a Transport Canada–approved FTU within a provincially accredited private career college, supported by DLI status and Student Aid eligibility. FY2026F revenue is projected at $3.45M with ~335 students, and normalized EBITDA is ~$910K (FY2024–FY2025F average), expanding to ~$1.05M by FY2026F at 30%+ margins. The business operates from a leased airside campus with dedicated hangar access and includes an 11-aircraft fleet (~$2.6M), a TC-approved simulator, and maintenance operation, creating a regulatory and operating moat that is difficult to replicate. More Info. More Info  FEATURED NEWS GALILEO EDUCATION ACQUIRES PUTMAN CLASSICAL ACADEMY AND NEW GENERATION CHRISTIAN  pehub.com Headquartered in Franklin, Tennessee, Galileo Education is an operator of private K-12 schools... Read more EDMENTUM ACQUIRES MAJORCITY COLLEGE, CAREER READINESS TOOL marketbrief.edweek.org Curriculum provider Edmentum is adding a college and career readiness tool to its suite of products, acquiring MajorClarity... Read more INVESTORS BACK PARALLEL'S $20M SERIES B TO TRANSFORM SPECIAL EDUCATION forbes.com Parallel Learning, a virtual special education platform, address critical nationwide special education teacher... Read more ALSO IN THE NEWS PACIFIC AND WILLAMETTE UNIVERSITIES EXPLORE JOINING FORCES Creating Oregon’s largest private university ...Read more INTERNATIONAL STUDENT INTEREST SHIFTS FROM THE U.S. TO ASIA AND EUROPE Volatile visa policies, travel bans and unwelcoming rhetoric from the Trump administration ...Read more NEW OWNERS FOR MAJOR PRIVATE UNIVERSITY COMPANY IN SOUTH AFRICA Old Mutual Private Equity has acquired Honoris United Universities, a major private education platform ...Read more NOVISTRA CAPITAL ADVISES MERAKI EDUCATION ON PARTNERSHIP WITH SPGS To establish St Paul’s Girls’ School; SPGS International School Dubai ...Read more MERGER UPDATE: EXETER AND NORTH DEVON COLLEGES GROUP Exeter College and Petroc College have merged, forming the Exeter and North Devon Colleges Group ...Read more MORE THAN 100 PRIVATE SCHOOLS FORCED TO CLOSE 'DUE TO VAT ON FEES' Labour’s move was "a bridge too far" for many independent schools ...Read more GEDU GROUP TO BECOME LARGEST FOREIGN EDUCATION INVESTOR IN INDIA By investing a further £200 million over the next three years, creating 1,500 jobs ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Western Canada Flight School | $2.6M Fleet | 30%+ Margins | TC-Approved | $910K EBITDA PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Halladay Education Group is pleased to present School No. 346681, a profitable Western Canadian aviation training platform that integrates a Transport Canada–approved Flight Training Unit (FTU) within a provincially accredited private career college. The business is cash-generative, asset-backed, and built to scale, offering acquirers immediate entry into a capacity-constrained segment without the multi-year licensing and ramp-up cycle. Financial Snapshot Normalized EBITDA: $910K (FY2024-25 average), scaling to $1.05M in FY2026 Revenue Growth: $1.95M (FY2022) → $3.0M (FY2025) → $3.45M (FY2026F) Margins: Demonstrated 30%+ EBITDA margin profile Hard Asset Base: $2.6M, 11 aircraft fleet and Transport Canada-approved simulator Included Operations: integrated aviation maintenance function supporting fleet availability and continuity Strategic Advantages Regulatory Fortress Transport Canada FTU approval, provincial accreditation, DLI status, and Student Aid eligibility. Programs remain eligible for PGWP under the current immigration policy. Replicating this regulatory stack would require 24 months and $3M+ in capital. Market Tailwinds Transport Canada projects a 7,300-pilot shortfall by 2025. Regional carriers report 18-24 month hiring backlogs, while training capacity remains severely constrained. Aircraft delivery times exceed 12 months industry-wide. Capital-Efficient Growth The current fleet supports a 35% enrollment expansion without the need for aircraft acquisition. Student-per-aircraft ratios improve from 21 to 31, demonstrating significant capacity headroom—growth driven by scheduling optimization and instructor hiring—not campus build-out. Smooth Transition Support Experienced management team in place with deep institutional knowledge. The owner is committed to a transition period to ensure operational continuity. Key instructor staff and administrative personnel remain with the business. Diversified Revenue Streams 30% domestic (financial aid eligible) / 70% international (DLI-approved), plus employer-sponsored cohorts and government-funded training initiatives. Vertically integrated maintenance operations support fleet availability and capture additional margin. The Bottom Line With pilot shortages intensifying and training capacity constrained, established operators with existing fleets and regulatory approvals hold a significant competitive advantage. This platform offers immediate access to aviation's structural growth trends without the multi-year permitting risk or the need for major capital deployment. Next Step If you would like to explore this opportunity further, please click here to review the Teaser Doc and contact us to request an NDA. Upon execution, you’ll receive the Confidential Information Memorandum and access to the secure data room. 📞 Call us toll-free at +1.800.687.1492 📧 Email info@halladayeducationgroup.com To Your Continued Success, Douglas Halladay | President | Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Helpful Links About HEG’s M&A Advisory Services Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field.  To confidentially discuss your school’s options or learn how market trends may impact your strategy, contact us at 1-800-687-1492 or info@halladayeducationgroup.com. info@halladayeducationgroup.com | TF: 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice