Title

Enrollment Management Company Sells for $850M

December 11, 2014
 
 

There's quite a bit of money to be made advising colleges on how to enroll students. On Tuesday, the Advisory Board Co. announced it's buying Virginia-based enrollment management consultant Royall & Company for $850 million. 

The Advisory Board, which advises 3,900 hospitals and 600 colleges, is paying $750 million in cash and $100 million in its own stock. Royall, founded in 1989, helps 290 colleges decide what students to target for enrollment and what to charge them.

Currently, Royall has about 7 percent market share and brought in about $105 million in revenue in the last fiscal year, according to a presentation the Advisory Board gave Wednesday night to investors

The deal is expected to close in January. 

Be the first to know.
Get our free daily newsletter.

 

 

Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

Back to Top