HINGE Announces Sale of 12-Site Education Group
Hinge announced today the sale of twelve child care centers located in the greater Atlanta market to one of the nation’s largest childcare groups. The business owner developed the high quality schools consisting of eight company-owned and four franchised sites over a five year period, gaining the assistance from the Hinge team in previously acquiring eight of the twelve schools. The transaction enabled him to realize the value gained in his business while transitioning them to a buyer capable of continuing the services in an excellent manner, with the objective to grow in the surrounding market as well as its franchising division. The Hinge team was honored to lead the negotiation and to be a part of the positive transition experience for this group of early education centers.