Acquisition Strategy
- Focus on quality target companies
- #1 or #2 in relevant market
- Management talent with key industry knowledge and significant customer relationships
- Directions of future acquisitions
- Focus on specialty companies
- Increase geographic penetration
- Acquire new or strengthen existing brands (Math, Music, Geography, Science, Student Agendas)
- Target companies with an average of $10-30 million in annual sales
- Goal to acquire $70-100 million of annual revenues
- Competition for acquisitions has substantially decreased