Arlington Capital Partners Announces New Platform Company Brightstareducation Group and Acquisition of Institute of Technology
U.S. Newswire › October 18, 2004
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Summary
WASHINGTON, Oct. 18 /U.S. Newswire/ -- Arlington Capital Partners, a Washington, DC-based private equity firm, today announced the formation of BrightStar Education Group, Inc. and its acquisition of Institute of Technology, a leading California- based post-secondary education company.
BrightStar will pursue a consolidation of for-profit post- secondary education schools, with a focus in allied health, business, technology, culinary and other vocational curricula. Arlington Capital Partners has committed $50 million of equity capital towards its BrightStar post-secondary education consolidation effort. BrightStar's strategy includes organic growth through additional curricula and new campuses, the cross- utilization of curricula among separate schools, and the implementation of initiatives to standardize, replicate, and leverage successful internal processes. BrightStar's strategy will also include strategic investments and acquisitions.See the full content of this document
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Arlington Capital Partners Announces New Platform Company Brightstareducation Group and Acquisition of Institute of Technology
The acquisition of Institute of Technology represents the inaugural transaction for BrightStar and will serve as a platform for BrightStar's growth in the industry. Institute of Technology is a post-secondary education company that serves approximately 1,700 s...
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