Acquisitions & Due Diligence
Considering a merger or acquisition in higher education? Work with us to define the most impactful risks to be explored and determine an efficient and cost-effective way to evaluate them.
Our team has performed diligence for dozens of changes in ownership in higher education with cumulative transactions in the billions of dollars. We understand where the biggest risks are and are experienced coordinating testing in conjunction with other advisors. Our service goes beyond, just evaluating the target. We help potential buyers plan ahead by projecting the Same Day Balance Sheet ratios and future Composite Score Ratios to understand if and how much additional capital could be required.
Acquisitions in higher education require the consideration of many factors unique to this industry. Download our Key Considerations summary to better understand how liabilities remain with the new owners of a school post-transaction, timing considerations and how the U.S. Department of Education determines whether or not financial security will be required post-close in the form of a Letter of Credit.
“Overall, the team was great to work with. The requirements were clear, and the audit met expectations from our institution. We enjoy working with you as colleagues."
– Corporate Director, Financial Aid
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