Parchman, Vaughan & Company Advises Childcare Education Institute in its Sale to Excelligence Learning Corp.

3/14/17

Baltimore, MD based Parchman Vaughan announced today that it successfully advised Childcare Education Institute, headquartered in Duluth, GA, in its sale to Excelligence Learning Corporation, headquartered in Monteray, CA. Terms of the deal were not disclosed.

“The deal represents Parchman Vaughan’s second transaction in 2017. We have several more in the pipeline.” said Todd Parchman, Partner at Parchman Vaughan. “We remain focused on the education and training sectors. These areas are poised to rebound with increased optimism among financiers, buyers, and sellers, as well as a less rigid regulatory regime” added Parchman.

About ChildCare Education Institute

ChildCare Education Institute provides high-quality, online professional development and training and education certificates to the early childhood market. CCEI offers its programs across an array of early childhood settings, including preschool centers, family child care, prekindergarten classrooms, nanny care, online daycare training and more. Over 100 English and Spanish early childhood training courses are available online to meet licensing, recognition program, and Head Start Requirements. CCEI also has online certification programs that provide the coursework requirement for national credentials including the CDA, Director and Early Childhood Credentials. CCEI is nationally accredited by the Distance Education Accrediting Commission (DEAC), has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), and is authorized under the Nonpublic Postsecondary Educational Institutions Act of 1990. For more information about CCEI, please visit www.cceionline.edu.

About Excelligence Learning Corporation

Excelligence Learning Corporation is a leading developer, manufacturer, distributor, and multi-channel retailer of over 20,000 innovative, high-quality and grade-appropriate educational products and teaching solutions, which are sold primarily to early childhood learning centers, elementary schools, PTAs, and consumers. The company has three core divisions: Supplies (Discount School Supply, Really Good Stuff, SmarterKids, and Environments), Equipment (Children’s Factory, Angeles and Steffy Wood Products), and Services (Educational Products, Inc.). With over 30 years of experience serving children, educators and parents, Excelligence’s diversified portfolio of leading brands delivers quality, innovation, service and value on a global scale. Leading proprietary brands include: Colorations, BioColor, and Excellerations. For more information about Excelligence, please visit www.excelligence.com

About Parchman, Vaughan & Company, L.L.C.

Parchman, Vaughan & Company, L.L.C., a FINRA member firm, was created in 1996 to provide the highest level of investment banking expertise to companies in the business of education and training. For more information about Parchman Vaughan, please visit www.parchmanvaughan.com

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