160 Driving Academy

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

160 Driving Academy - overview

Established

2012

Location

Chicago, IL, US

Primary Industry

Education/Training

About

Founded in 2012 and based in Illinois, US, Rock Gate Capital, LLC, doing business as 160 Driving Academy, owns and operates commercial driving schools. Green Brook Capital Management provided debt financing to 160 Driving Academy.   160 Driving Academy is the provider of commercial driver’s license (CDL) training with over 150 locations across 44 states. Offering affordable, fast-track CDL programs combining classroom and hands-on training, the academy helps individuals earn their CDL in as little as four weeks.


Graduates can expect an average annual salary of $55,990, with strong job growth in the trucking industry. The academy also offers incentives like free Entry-Level Driver Theory Training (ELDT) for students enrolling in behind-the-wheel training.


Primary Industry

Education/Training

Sub Industries

Education & Training Services, Schools

Website

www.160drivingacademy.com

Verticals

EdTech, Mobile Apps

Total Amount Raised

Subscriber access only

160 Driving Academy - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompleted160 Driving Academy-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.