Deal closed Jan 2009 · East Windsor, Connecticut; Hartford, Connecticut; Suffield, Connecticut; South Plainfield, New Jersey; Fern Park, Florida; St. Petersburg, Florida Verified
Lincoln Educational Services Acquires Baran Institute of Technology
Lincoln Educational Services Corporation completed the acquisition of Baran Institute of Technology for approximately $25.3 million in cash. The deal includes four schools immediately, with a fifth expected to close pending regulatory approval.
“Lincoln Educational Services Corporation (Nasdaq: LINC; “Lincoln”) announced today that it has completed the acquisition of Baran Institute of Technology (“Baran”) for approximately $25.3 million in cash, subject to customary post closing adjustments.”
Entities
Americare School of Nursing · Target Baran Institute of Technology · Target Clemens College · Target Connecticut Culinary Institute · Target Education Properties, LLC · Target Engine City Technical Institute · Target Hartford Urban Ventures, LLC · Target Lincoln Educational Services Corporation · Acquirer
ElectricalHVACOther Sentiment: Positive
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