Franchise Group Acquires Sylvan Learning for $81 Million

September 27, 2021

Franchise Group, Inc. completed an all-cash acquisition of Sylvan Learning for approximately $81 million, financed with available cash. Sylvan, a Hunt Valley, Maryland–headquartered tutoring franchisor with more than 700 locations, will expand Franchise Group's portfolio of consumer-facing franchise concepts and is expected to be immediately accretive to earnings.

Targets
Sylvan Learning
Industry
Education
Location
Maryland, United States
Transaction Type
Buyout

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