Franklyn Scholar

Overview

Franklyn Scholar is a national tertiary training provider specialising in the delivery of certificate and diploma level courses across retail, hospitality, tourism, business, pharmacy, industrial and environmental sectors. 

Our role

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• 333 Capital took on a lead advisory role with Franklyn Scholar in 2003 as part of a broad roll up strategy.
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• 333 Capital managed the acquisition of a cornerstone investment and then as lead adviser, identified a number of growth opportunities for the business within the fragmented Vocational Education and Training sector in Australia.
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• The acquisition phase included four primary acquisition targets over a three-year time horizon.
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• 333 Capital worked closely with Franklyn Scholar to determine the capital structure required to realise the growth opportunities for the business.
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• As part of this process, 333 Capital arranged private equity and debt funding for each acquisition.
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• In addition, 333 Capital provided financial due diligence, financial forecasting and transaction management services over the period. 
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• Following the consolidation of the acquisitions, Franklyn Scholar was optimally positioned as a prominent market player and represented an attractive growth acquisition target for large training providers. 
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• 333 Capital managed all elements of an extensive marketing campaign, which included Board advisory services and the undertaking of sale negotiations.
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The result

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• 333 Capital�s involvement culminated in 2011 with the successful sale of Franklyn Scholar to Kaplan Inc. 
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• The sale provided the business with the required additional capital and resources to further enhance its market position and continue its growth agenda.
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