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Article: Rock On, Sterling.(Sterling Partners acquires The Paul Green School of Rock Music and Professional Career Development Institute, LLC)(Apollo Global, Inc. bid for BPP Holdings PLC)
- Article from:
- Mergers & Acquisitions Report
- Article date:
- July 13, 2009
- Author:
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Byline: Avram Davis
As Latin American education companies continue to see furious consolidation, one could be tempted to dismiss education buys as purely a Latin American phenomenon. Sterling Partners would beg to differ. The private equity firm has orchestrated a series of education-related acquisitions in the domestic U.S.
Most recently, Sterling bought a control stake in The Paul Green School of Rock Music, a music instruction center franchiser. Financial terms of the transaction were not disclosed.
In speaking with MergersUnleashed, Sterling principal Shoshana Vernick said the company's core focus is on the seven to 17-year-old demographic ...