EDMC as expected has a strong coming out party with its IPO up almost 25%. Will be fun watching them grow. Strong Management team and solid brands…need to start ramping their online business, I am sure they are working on it.
EDMC pending IPO has created some excitement!
September 29, 2009 By Leave a Comment
EDMC, Education Management Corp. planned IPO is getting lots of attention. It may get frothy… EDMC has some stellar holdings:
Art Institutes: with a focus on design, fashion, culinary & medical has achieved a significant brand in the market
Argosy: which focuses on Education, psychology, business, health & behavioral sciences also a strong brand with real credit to its quality & reputation.
Brown Mackie: really the career education focused division also has a strong history in accounting, business, criminal justice, tech, healthcare & legal keep them in the loop with the lower level degree programs even though they offer diploma, certs, assoc & bach
South: with it’s 100 year history & 5 locations really is an ongoing push for them as the online play has continued to move forward and gain ground. Not yet a big boy, but clearly the management has the experience to take it to the next level.
Western State Univ. its little law school in Cali, may prove to be a future are of growth.
The EDMC group has brought together a strong management team who have done it before and hope to do it again. They have the necessary tools & soon the resources. It should be a nice one to watch.