Sale of language school St. James Education Centre s.r.o. (H413)

We have previously assisted the language school St. James Education Center in acquisitions of competing language agencies (see information below). Due to that the company with sales of over CZK 30 mln. ranked among the leading national language schools in the area of corporate training. After consolidation of the company in 2008, we began to work on its sale. Its owners have mandated us to find a buyer and ensure a whole sale process. Despite adverse market situation we succeeded and in May 2009 the sale was concluded. Buyers are related companies Agentura SPA s.r.o. and Jazyková škola Spěváček s.r.o. providing language courses and translation services. This acquisition will move them to the top of the industry.
Roman Kačín, former associate of St. James Education Centre: „The economic crisis substantially complicated the sale process, nevertheless BusinessMarket managed to successfully complete the transaction and under given circumstances achieve very good conditions.“

 

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