StrataTech Education Group
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StrataTech Education Group - overview
Established
1949
Location
Phoenix, AZ, US
Primary Industry
Education/Training
About
StrataTech Education Group specializes in vocational training, offering comprehensive education through its trade schools, including Tulsa Welding School and The Refrigeration School, Inc. , primarily focusing on skilled trades. Founded in 1949, StrataTech Education Group is based in Phoenix, US, and operates trade schools including Tulsa Welding School and The Refrigeration School, Inc. The company has engaged in 4 significant deals, with the most recent funding round being a Grant worth USD 1.
000 mn from the Distribution Contractors Association on January 19, 2022. StrataTech Education Group provides vocational training through institutions such as Tulsa Welding School and The Refrigeration School, Inc. , focusing on skilled trades like welding, refrigeration technologies, and electrical applications. Their training methodologies include innovative tools like the OcuWeld Virtual Reality welding simulator, catering to individuals aspiring to enter skilled trades across campuses in Oklahoma, Florida, Texas, and Arizona.
The revenue of StrataTech Education Group primarily stems from tuition fees paid by students enrolled in vocational programs. The company operates on a direct-to-consumer model, generating income through one-time payments for educational services and corporate partnerships that facilitate workforce training and certification programs. StrataTech Education Group plans to utilize the USD 1. 000 mn grant received in January 2022 to award half-off tuition scholarships for 100 students at its Tulsa Welding School campuses and The Refrigeration School, Inc.
The company aims to enhance its educational offerings and expand its reach into new markets, addressing the growing demand for skilled tradespeople.
Current Investors
Halifax Group, Distribution Contractors Association
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Schools
Website
www.stratatech.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
StrataTech Education Group - 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 | StrataTech Education Group | - | ||||||||
| Private Debt | Completed | StrataTech Education Group | - | ||||||||
| Buyout | Completed | StrataTech Education Group | - |
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