Closing of Two-Site Education Group
Hinge announced today the closing of a transaction of a two-site operating early education business. This business site was developed and managed as a quality early educational program by individuals seeking to make a positive contribution to the care and education of young children. The business was sold to a growing regional childcare provider with a larger presence in the specific market. The acquirer was able to provide value for the existing business, along with resources, benefits, and future opportunity for staff. This management decision to sell helped the business owner capitalize on their long-term investment in building a high quality productive business.