Email from Halladay Education Group Inc. Latest News & Updates: Yago School Sevilla Joins Affinitas Education Volume 179 | November 1, 2025 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 179th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS The past two weeks confirm what we're advising clients: well-capitalized operators remain selective, premium K-12 networks are expanding strategically in MENA, and private credit is becoming increasingly active in Asia. The transactions we're watching reflect three consistent buyer priorities—scale, quality, and regulatory resilience—which continue to support strong valuations. Recent deals highlight this focus. Cotulla Education acquired American Lineman College in California, adding utility-sector training to a portfolio that includes AIM, Centura College, and Tidewater Tech. The move emphasizes ongoing demand for skilled trades programs. In K-12, Inspired Education expanded its reach in the Middle East by acquiring Modern Montessori School in Amman, a high-quality operator. Nord Anglia's purchase of Etqan Global Academy in Qatar further boosts its presence in the Gulf region. Private equity and private credit sponsors are accelerating platform-and-build strategies across Asia's K-12, testing, and skills-training sectors, signalling confidence amid shifting policy landscapes. In corporate learning, Wall Street Prep, Financial Edge, and Euromoney Learning are merging to create a larger global provider—affirming the appeal of recurring-revenue professional training models. Lastly, Kean University and New Jersey City University's definitive merger to form Kean Jersey City demonstrates public-sector consolidation driven by operational efficiency. If you are thinking about a sale, forming a group, or pursuing targeted acquisitions, now is a great time to prepare for premium results. Contact Halladay Education Group for a confidential consultation. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL - SIGNED LOI Eastern Canada: Established co-ed private school with 300+ students, a 50-year legacy, and nearly 100% university placement. Generating $9.2M revenue and $3M adjusted EBITDAR (AY26), with 63% enrollment growth potential on a multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Established career college group with +20 campuses across 9 cities, with FY25 $37M revenue and $11M adjusted EBITDA—delivering career-aligned programs with 94% focused on high-demand occupations primarily in healthcare. 100% domestic student base, strong cash flow, and significant growth potential through organic expansion and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. U.S. FOR-PROFIT K-12 BUYER | VOUCHER/ESA STATES Global K-12 operator seeking acquisitions of private for-profit day schools in voucher/ESA markets, with flexible deal and real estate structures. Targets include schools with $500K–$5M EBITDA, strong academics, and clear growth potential; suitable for single-site or small groups. Priority regions are FL, TX, AZ, GA; also IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, and TN. The process is confidential, with founder-friendly terms and proven integration. More info. Contact us for confidential details. FEATURED NEWS YAGO SCHOOL SEVILLA JOINS AFFINITAS EDUCATION  studytravel.network Yago School, a day and boarding IB school in Seville, has joined the British-headquartered Affinitas Education network... Read more COTULLA EDUCATION ACQUIRES AMERICAN LINEMAN COLLEGE businesswire.com Marks its second skilled trade acquisition, reflecting a broader strategy to strengthen workforce.... Read more INSPIRED WELCOMES MMS TO ITS GLOBAL PREMIUM FAMILY OF SCHOOLS inspirededu.com Modern Montessori School is one of the leading and most established educational institutions in... Read more ALSO IN THE NEWS GEDU GROUP TO BECOME LARGEST FOREIGN EDUCATION INVESTOR IN INDIA It will become the largest foreign direct investor in Indian education ...Read more PRIVATE CREDIT AND PE FIRMS ARE TARGETING ASIA'S EDUCATION SECTOR: WHY NOW? The global education sector, valued at $7 trillion, has emerged as a compelling frontier ...Read more ETQAN GLOBAL ACADEMY JOINS NORD ANGLIA EDUCATION Etqan Global Academy, a leading bilingual school in Qatar ...Read more WEP ACQUIRES GERMAN AGENCY CAMPS INTERNATIONAL Agency and high school placement group WEP International has expanded with the ...Read more WALL STREET PREP, FINANCIAL EDGE, AND EUROMONEY LEARNING COMBINE Creating a global leader in financial training ...Read more PRIVATE UNIVERSITIES LAUNCHING IN SOUTH AFRICA FOR THE VERY FIRST TIME The Department of Higher Education and Training has promulgated a new policy for the ...Read more KEAN UNIVERSITY AND NJCU SIGN MERGER AGREEMENT TO LAUNCH KEAN JERSEY CITY Agreement advances the historic merger between the two state universities, expanding ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. I’ll be on a Nov 4 M&A panel at CECU and at the BCCCA Career Ed Forum Nov 6. If you’re attending, let’s meet to discuss valuations, deal flow, and near-term opportunities. Halladay Education Group Travel Update HEG Will Be Attending Both The CECU Executive Summit Nov 3-5 & The BCCCA Conference Nov 6 In Vancouver, BC PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, I'll be in Vancouver from November 3–6 for two key events in our post-secondary sector, and would welcome the chance to meet if you're attending either conference. Where I'll Be 2025 Executive Summit (CECU) November 3–5, 2025 | Douglas Hotel Conference Centre I'm speaking on the Private Equity Panel (Nov 4): "Trends, Challenges, and Opportunities for Leaders Across the U.S. and Canada" BCCCA Career Ed Forum November 6, 2025 | LaSalle College Vancouver Hosted by BCCCA and NACC, focusing on sector trends, AI and technology, student aid updates, and compliance standards. Let's Connect I'd be happy to discuss: Market outlook and current valuations M&A activity and deal flow Opportunities across the career college sector If you're attending or in the Vancouver area, reply to suggest a time. I'm available between sessions or after hours. For information about the schools we currently represent or HEG's M&A advisory services, please contact me directly. All discussions will remain confidential. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL - SIGNED LOI Eastern Canada: Established co-ed private school with 300+ students, a 50-year legacy, and nearly 100% university placement. Generating $9.2M revenue and $3M adjusted EBITDAR (AY26), with 63% enrollment growth potential on a multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Established career college group with +20 campuses across 9 cities, with FY25 $37M revenue and $11M adjusted EBITDA—delivering career-aligned programs with 94% focused on high-demand occupations primarily in healthcare. 100% domestic student base, strong cash flow, and significant growth potential through organic expansion and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. U.S. FOR-PROFIT K-12 BUYER | VOUCHER/ESA STATES Global K-12 operator seeking acquisitions of private for-profit day schools in voucher/ESA markets, with flexible deal and real estate structures. Targets include schools with $500K–$5M EBITDA, strong academics, and clear growth potential; suitable for single-site or small groups. Priority regions are FL, TX, AZ, GA; also IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, and TN. The process is confidential, with founder-friendly terms and proven integration. More info. Contact us for confidential details. HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES HEG is a premier M&A advisory firm specializing exclusively in private education across North America and internationally. With over 30 years of experience, we've successfully led transactions for K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We serve private equity firms, institutional investors, operators, family offices, and school owners seeking strategic growth or exits. To confidentially discuss your institution's strategic options—sale, merger, acquisition, or financing—contact us directly. All discussions remain confidential and discreet. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates Volume 178 | October 15, 2025 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 178th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS Capital continues to flow into education platforms as operators refine their growth strategies. Partners Group added CVC as a minority investor in the International Schools Partnership, which now serves over 110,000 students across 111 schools in 25 countries. ISP also acquired Colégio Vasco da Gama in Portugal, demonstrating consistent European bolt-on growth based on quality and local reputation. In the U.S., early childhood education is consolidating. Taurus Capital Partners acquired Pathlight Learning, a leading Primrose franchisee, highlighting sponsor interest in larger-scale preschool operators. In learning and upskilling, Riverside’s Wall Street Prep completed add-ons for Financial Edge and Euromoney Learning, and Accenture announced its acquisition of Aidemy, signalling ongoing demand for professional and AI-aligned training. A warning: U.S. international student arrivals reportedly decreased by 19% year over year in August, with a slowdown from India. Post-secondary institutions relying on international enrolments should hedge against visa and policy fluctuations and diversify their recruitment sources. If you are thinking about a sale, forming a group, or pursuing targeted acquisitions, now is a great time to prepare for premium results. Contact Halladay Education Group for a confidential consultation. Reach out to us for a discreet discussion. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL - SIGNED LOI Eastern Canada: Established co-ed private school with 300+ students, a 50-year legacy, and nearly 100% university placement. Generating $9.2M revenue and $3M adjusted EBITDAR (AY26), with 63% enrollment growth potential on a multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Established career college group with +20 campuses across 9 cities, with FY25 $37M revenue and $11M adjusted EBITDA—delivering career-aligned programs with 94% focused on high-demand occupations primarily in healthcare. 100% domestic student base, strong cash flow, and significant growth potential through organic expansion and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. U.S. FOR-PROFIT K-12 BUYER | VOUCHER/ESA STATES Global K-12 operator seeking acquisitions of private for-profit day schools in voucher/ESA markets, with flexible deal and real estate structures. Targets include schools with $500K–$5M EBITDA, strong academics, and clear growth potential; suitable for single-site or small groups. Priority regions are FL, TX, AZ, GA; also IN, IA, OH, NC, UT, WV, AL, LA, OK, NH, and TN. The process is confidential, with founder-friendly terms and proven integration. More info. Contact us for confidential details. FEATURED NEWS PARTNERS GROUP AND CVC AGREE TO PARTNERSHIP  cvc.coma Partnership to drive next phase of growth at International Schools Partnership, a leading global K-12... Read more TAURUS CAPITAL ACQUIRES PATHLIGHT LEARNING businesswire.com Taurus partnered with existing management to form and recapitalize Pathlight.... Read more WELCOMING COLEGIO VASCA DA GAMA TO ISP internationalschools.com CVG in Sintra, Portugal, has joined ISP, a growing community of 111 schools... Read more ALSO IN THE NEWS DATE SET FOR SOUTH AFRICAN BILLIONAIRE'S DEAL TO BUY PRIVATE SCHOOL Jannie Mouton’s foundation looks set to acquire JSE-listed Curro for R7.2 billion ...Read more PRIVATE SCHOOL SOLD TO INDEPENDENT EDUCATION GROUP The Royal Hospital School in Holbrook, Suffolk, where fees range from ...Read more RIVERSIDE SCORES STRAIGHT A'S WITH FINANCIAL EDGE & EUROMONEY LEARNING Riverside Company, a global private investment firm focused on the smaller end of the middle market ...Read more ACCENTURE TO ACQUIRE AIDEMY AFTER COMPLETING TENDER OFFER Integrating Aidemy into Accenture will further strengthen LearnVantage ...Read more NC COLLEGE MERGER PLAN STIRS WORRY Elon alumni for group to criticize proposal ...Read more EUROPEANS PRIVATE SCHOOLS REPORT SURGE IN INTEREST FROM WEALTHY BRITISH PARENTS 'We’ve been inundated': VAT on school fees has led to a rise in overseas interest ...Read more BRITAIN IS BEING DISPOSED AS PRIVATE SCHOOL CAPITAL OF EUROPE Families find the UK no longer has a monopoly on world-class education ...Read more INTERNATIONAL STUDENT ARRIVALS TO THE US FALL Nearly 20% fewer international students arrived in the US this August ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Confidential outreach to private K-12 owners. For-profit targets in voucher/ESA states. Founder-friendly terms. PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Motivated Buyer Seeking U.S. For-Profit K-12 Private Schools Sell Your U.S. Private K-12 School To A Proven, Mission-Aligned Buyer Ready to Retire, Transition, or Scale? Hello Douglas, Halladay Education Group (HEG) represents a global K-12 operator actively seeking to acquire for-profit private schools across the United States, with priority on voucher/ESA states. Our process is confidential and efficient from the first call to close. Why Owners Engage HEG Protect your legacy with a buyer who respects your mission and community Monetize your life’s work with flexible, founder-friendly terms Ensure continuity for students, families, and staff through a well-planned transition Access growth capital and operating expertise to strengthen the school’s future Who Should Contact Us Owners and founders who are: Planning retirement or succession within 1–2 years Operating in voucher/ESA states with untapped enrollment potential Ready for a confidential discussion about maximizing value What Our Client Is Acquiring School Profile Type: For-profit K-12 private day schools (single-site or small groups) Financials: Preferred $500K–$5M+ EBITDA; smaller schools considered where voucher/ESA or strategic fit supports scale Programs: College-prep, STEM, specialty models, and schools serving international students Real Estate Preference: Business-only acquisitions (without real estate) Flexible Options: OpCo/PropCo, sale-leaseback, or long-term lease can be considered where this supports long-term school operations Transaction Structures Full equity purchase preferred Cash at close with seller note and earn-out considered Founder transitional leadership roles available Non-Targets We are not pursuing franchises or schools controlled by large operators Priority Geographic Markets Phase 1 (immediate focus): Florida, Texas, Arizona, Georgia Phase 2 (expanding pipeline): Indiana, Iowa, Ohio, North Carolina, Utah, West Virginia, Alabama, Louisiana, Oklahoma, New Hampshire, Tennessee Voucher/ESA Screen: We profile each opportunity for program type, per-pupil amounts, participation status, and compliance lift to quantify affordability and growth. Our Process (Confidential and Efficient) Initial consultation — confidential review of your goals and school profile Pricing and positioning — assess financials, voucher readiness, and market opportunity Qualified buyer introduction — direct dialogue with a mission-aligned acquirer Click HERE for more details about our client's acquisition profile. Next Step If you would like to explore this opportunity further, please don't hesitate to contact us for more information. All discussions are handled with confidentiality. 📞 Call us toll-free at +1.800.687.1492 📧 Email info@halladayeducationgroup.com To Your Continued Success, Douglas Halladay | President | Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Helpful Links About HEG’s M&A Advisory Services Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field.  To confidentially discuss your school’s options or learn how market trends may impact your strategy, contact us at 1-800-687-1492 or info@halladayeducationgroup.com. info@halladayeducationgroup.com | TF: 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice

Email from Halladay Education Group Inc. Latest News & Updates: Canada Learning Code Merges With Ampere Volume 177 | October 1, 2025 Published By: Halladay Education Group Welcome To HEG’s Inner Circle eNews A Bi-Weekly Recap of Essential Reading For The Private School Sector PRIVATE SCHOOL SALES | VALUING YOUR SCHOOL | PRIVATE INQUIRIES Hello Douglas, Welcome to the 177th edition of HEG’s Inner Circle Private School eNews, where Halladay Education Group shares key insights into the latest investment activity shaping the global private education sector. HEG INSIGHTS This week's market analysis reveals strategic portfolio optimization across private education sectors. Cognita is executing a substantial UK rebalancing with 12 schools targeted for divestiture by January 2026. Meanwhile, Canford and Dumpton are pursuing group formation while preserving their distinct brand equity, and Canadian operators are consolidating digital literacy capabilities under unified management to achieve operational scale. International expansion continues to drive mergers and acquisitions activity. A premier global education group has established its presence in Portugal. Keystone has integrated three agencies into a unified platform, and early learning transactions remain robust, including a significant sale of a Primrose franchisee. Higher education consolidation is accelerating as institutions seek scale efficiencies, while policy developments, including U.S. voucher tax credits and the implementation of UK VAT, are fundamentally reshaping market dynamics and pricing power. Market Reality: Premium valuations are awarded to sellers who demonstrate sustainable enrollment trends and regulatory compliance excellence. Strategic buyers are prioritizing platforms with operational scalability, established brand recognition, and revenue streams insulated from policy volatility. For institutions considering divestiture, group formation, or international expansion, market timing and positioning are critical. Our team at Halladay Education Group leverages four decades of sector expertise and our proven competitive process to safeguard institutional mission while delivering optimal valuation, terms, and transaction certainty. If you are weighing a sale or exploring acquisitions in this active environment, we invite you to connect for a confidential consultation. Contact us for a confidential consultation. To Your Continued Success, Douglas Halladay | President, Halladay Education Group TF: +1.800.687.1492 | C: +1.604.868.0002 Email: info@halladayeducationgroup.com WeChat: dhalladay | WhatsApp: 604.868.0002 Please view our Corporate Brochure and our Corporate Video. FEATURED OPPORTUNITIES  REPUTABLE & PROFITABLE K-12 DAY & INTERNATIONAL BOARDING SCHOOL - SIGNED LOI Eastern Canada: Established co-ed private school with 300+ students, a 50-year legacy, and nearly 100% university placement. Generating $9.2M revenue and $3M adjusted EBITDAR (AY26), with 63% enrollment growth potential on a multi-site urban campus. More Info. PREMIER CANADIAN FILM & DIGITAL ARTS COLLEGE - REVIEWING OFFERS Recognized as a premier institution for creative media education in Canada, offering cutting-edge programs designed and taught by award-winning industry professionals. More Info. FAST-GROWING CANADIAN POST-SECONDARY HEALTHCARE-FOCUSED NETWORK Established career college group with +20 campuses across 9 cities, with FY25 $37M revenue and $11M adjusted EBITDA—delivering career-aligned programs with 94% focused on high-demand occupations primarily in healthcare. 100% domestic student base, strong cash flow, and significant growth potential through organic expansion and targeted acquisitions. More Info. ACCREDITED CANADIAN DESIGN SCHOOL WITH STRONG FINANCIALS A leading career college in fashion, interior, and technical design, this accredited institution boasts a 98% domestic enrollment rate, modular hybrid programs, and rising course registrations. With revenue forecasted to exceed $2M and EBITDA projected at $615K by 2028, it presents a turnkey opportunity for strategic buyers seeking growth in the creative education sector. More Info. MARKET-LEADING CANADIAN MASSAGE THERAPY COLLEGE One of Western Canada’s most established and profitable massage therapy colleges, with 30+ years of operations and a nationally recognized track record of graduate success. Forecast FY2025 revenue of $2M and EBITDA of C$380K (18% margin), scaling to $2.7M and C$771K (29%) by FY2028. With 100% domestic enrollment, regulatory protection, and a trusted brand, it offers a cash-flow positive, recession-resilient platform with 2x EBITDA growth potential. More Info. PREMIUM EUROPEAN SUMMER CAMP PLATFORM - REVIEWING OFFERS With over five decades of operations and 350,000 alumni from 60 countries, Project Alpine is a leader in Europe’s premium summer camp sector. Forecasting FY2026 revenue of USD $7.2M and EBITDA of $1.2M, it combines strong brand equity, high-margin enrollments, and multi-channel programming. The platform offers investors a scalable, asset-backed opportunity with durable cash flows and clear growth potential. More Info. Contact us for confidential details. FEATURED NEWS CANADA LEARNING CODE MERGES WITH AMPERE TO EXPAND DIGITAL LITERACY  canadalearingcode.ca Canada Learning Code programs and partnerships will remain active with new leadership under... Read more CANFORS SCHOOL FORMS GROUP WITH DUMPTON MERGER schoolmanagermentplus.com Canford Schools Group has 'an ambitious vision for the future', says Canford head... Read more COGNITA SELLS 12 UK SCHOOLS TO OUTCOME FIRST GROUP schoolmanagermentplus.com Cumnor House Schools, Huddersfield Grammar and Hendon Prep are among those... Read more ALSO IN THE NEWS WELCOMING COLEGIO VASCO DA GAMA TO ISP CVG in Sintra, Portugal, has joined ISP, a growing community of 111 schools ...Read more KEYSTONE EDUCATION GROUP LAUNCHES MEGA-AGENCY Three of Europe’s major education agencies have joined forces to create a ...Read more TAURUS CAPITAL PARTNERS ACQUIRES PATHLIGHT LEARNING An investment firm targeting long-term investments in values-driven ...Read more CAMPUS CONNECT GROUP ACQUIRES PROEDUCATION SOLUTIONS The acquisition strengthens Campus Connect’s position as a strategic software partner for ...Read more QUEENS UNIVERSITY STUDENTS REACT TO PROPOSED MERGER WITH ELON UNIVERSITY 'A major milestone': Universities could merge by summer 2026 ...Read more PRIVATE EQUITY-OWNED SCHOOLS STAND TO PROFIT FROM SCHOOL VOUCHERS In July, President Trump signed the One Big Beautiful Bill, tax and spending legislation that ...Read more A LOOK AT TRENDS IN COLLEGE CONSOLIDATION SINCE 2016 Tracking major closings, mergers, acquisitions and other consolidation among ...Read more INTERNATIONAL EXPANSION FOR INDEPENDENT SCHOOLS: KEY CONSIDERATIONS For many years, independent schools in the UK have been collaborating with overseas ...Read more MAJOR CHARTER SCHOOL NETWORK EXPANDING TO MIAMI AFTER LOBBYING FOR PRO-CHARTER STATE LAW A charter school network backed by a billionaire hedge fund manager announced ...Read more HELPING LINKS ABOUT HEG’S M&A ADVISORY SERVICES Halladay Education Group (HEG) is a premier M&A advisory firm specializing exclusively in the private education sector across North America and internationally. With over 30 years of experience, HEG has successfully led the sale, acquisition, and recapitalization of a diverse range of educational institutions, including K-12 private schools, boarding and Montessori schools, early childhood centers, ESL programs, career colleges, and higher education platforms. We are a trusted advisor to private equity firms, institutional investors, operators, and family offices pursuing strategic growth, as well as school owners seeking full or partial exits. Backed by deep sector expertise, an extensive proprietary database of qualified buyers, and full-cycle transaction support, HEG has earned a reputation as one of the most active and respected firms in the field. To confidentially discuss your institution’s strategic options—whether a sale, merger, acquisition, or financing—and how emerging trends may impact your outlook, contact us at 1-800-687-1402. Please view our Corporate Brochure. info@halladayeducationgroup.com | 1-800-687-1492 | www.buyingandsellingschools.com View Our Brochure Contact Us View our Corporate Video Visit our website STAY CONNECTED Halladay Education Group Inc. | 4316 Arthur Drive | Delta, BC V4K 2W8 CA Unsubscribe | Update Profile | Constant Contact Data Notice