Hondros Education Group

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Hondros Education Group - overview

Location

Westerville, OH, US

Primary Industry

Education/Training

About

Hondros Education Group is an educational institution specializing in training programs for real estate professionals. It provides essential pre-licensing and continuing education courses to support career development in the real estate sector. Hondros Education Group focuses on delivering educational services tailored to the real estate industry. Founded by industry veterans, the company has operated from its headquarters in Westerville, Ohio.


In February 2020, Hondros was acquired by Colibri Group, LLC, a portfolio company of Gridiron Capital, although financial details of the deal were not disclosed. The company has successfully expanded its offerings to major urban areas including Cleveland and Cincinnati. Hondros College specializes in comprehensive educational programs in real estate, home inspection, appraisal, and mortgage. Their primary offerings include pre-licensing courses, continuing education classes, and exam preparation designed for real estate agents and brokers in Ohio, aiming to equip them with the necessary skills to advance their careers.


Hondros College generates revenue through student enrollments in various educational programs, including real estate pre-licensing courses and continuing education classes. Tuition payments are structured around individual courses and packaged offerings, with flexible options including promotional discounts and payment plans to enhance accessibility for prospective students. Hondros Education Group aims to leverage the recent acquisition by Colibri Group, LLC to enhance its educational offerings and expand into new markets. Future initiatives include the development of new certification programs targeting additional real estate specialties.


Specific expansion plans are anticipated to target new geographical regions by 2025, as the company seeks to broaden its reach beyond Ohio. The recent funding will support these strategic educational initiatives and market expansion efforts.


Current Investors

Colibri Group, LLC

Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services, Education & Training Software

Website

www.hondroseducationgroup.com

Verticals

EdTech, Real Estate Tech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hondros Education Group - 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)
Add-onCompletedHondros Education Group-

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