Ashworth College
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Ashworth College - overview
Location
Norcross, GA, US
Primary Industry
Education/Training
About
Ashworth College is an online educational institution that provides affordable diploma and degree programs, catering to learners aiming to enhance their career skills and pursue educational advancement. Ashworth College specializes in online education, offering a wide array of diploma and degree programs. Founded in Norcross, US, the college has undergone a change in ownership, with Sterling Partners acquiring it in August 2009 from DLJ Merchant Banking Partners. The current CEO is Gary Keisling, who plays a vital role in steering the institution's strategic direction.
Ashworth College primarily offers a range of affordable online diploma and degree programs designed to enhance career skills and facilitate educational advancement. Their core offerings encompass career-focused diplomas, associate degrees, and bachelor’s degrees in various fields, including healthcare, business, and technical studies. These programs are structured to meet the needs of a diverse student population, including adult learners seeking new skills, professionals aiming for career advancement, and individuals preparing for entry into the workforce. Ashworth College serves students across the United States and internationally, with a focus on providing flexible online education that allows learners to progress at their own pace.
Notably, the college emphasizes accessibility and affordability, aiming to provide solutions for those facing barriers to traditional education pathways. Ashworth College generates revenue primarily through tuition fees for its online diploma and degree programs, operating on a direct-to-consumer model. Transactions typically involve students enrolling in specific programs and paying tuition based on either a per-semester or full program basis. The college may offer various pricing plans, which can include options for monthly payments, full upfront payments, and financial aid opportunities for eligible students.
Ashworth College’s programs are designed to deliver sought-after skills in the workforce, contributing to its revenue through steady enrollment in its flagship offerings such as career diplomas and accredited degree programs. The company’s structure supports a transparent transaction process, allowing students to clearly understand the financial commitments associated with their chosen educational paths. In August 2009, with the acquisition by Sterling Partners, Ashworth College has aimed to leverage this funding to expand its program offerings and enhance its online platform. While specific details on upcoming products or geographic expansion plans are not disclosed, the company is poised to make strategic decisions to grow its market presence in the educational sector.
Current Investors
Sterling Partners
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Colleges & Universities
Website
www.ashworthcollege.edu
Company Stage
Mature
Total Amount Raised
Subscriber access only
Ashworth College - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Ashworth College | - | ||||||||
| Secondary Buyout | Completed | Ashworth College | - | ||||||||
| Buyout | Completed | Ashworth College | - |
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