Capstone Advised Allied Business Schools, Inc. on its Sale to Colibri Group

Capstone Headwaters, now Capstone Partners, advised Allied Business Schools, Inc. (Allied or the Company), a leader in online real estate certification education, on its acquisition by Colibri Group, Inc., a portfolio company of Quad-C Management.

Colibri and Allied are tremendous brands in the industry and have the potential to dominate the online real estate education market.

Jacob VoorheesHead of M&A, Capstone

Founded in 1992, Allied Business Schools is one of the premier online real estate training institutions in the country, offering both license and continued education courses. Allied offers affordable and flexible courses and programs across several states, all supported by the Company’s industry-leading materials and support services. Historically, 80.0% of the Company’s sales have come from real estate salesperson and broker licenses education. Allied has developed a unique geographical presence with solidified market shares in California and Texas.

The Colibri Group provides learning solutions to licensed professionals who strive to be among the best in their fields. Through six leading brands – McKissock, Real Estate Express, The Institute for Luxury Home Marketing, Elite Professional Education, Superior School of Real Estate, Securities Training Corporation and now Allied Business Schools – the company serves over 1,000,000 professionals within the real estate, healthcare, personal care and financial service markets, among others. Colibri’s learning products give working professionals a competitive edge by combining up-to-date information, practical on-the-job application, and online accessibility.

Allied provides Colibri with the opportunity to secure a well-recognized, branded and scalable platform that possesses an established product offering within some of the most dynamic real estate markets (Texas and California) in the United States.

Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation/logistics companies. In its 25-year history, Quad-C has invested over $2.0 billion of equity across more than 50 companies. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value. www.quadcmanagement.com.