The Education Investor: Second Quarter 2004

Authors: Outsell Client Services, Client Services; Eduventures, Inc.

This installment of The Education Investor offers a snapshot of education-industry private investment and M&A activity for the period April through June 2004. Private investment in education businesses declined 41% from the first quarter, as investment activity was defined by numerous private placements. As anticipated, merger-and-acquisition activity continued to moderate, declining 19% to 17 announced transactions in the second quarter, versus 21 announced transactions in the first quarter. The postsecondary sector again accounted for the largest percentage of M&A transactions, although the sector received no private investments.