Making the decision to become an AEG partner school is a momentous step. We understand that the thought of selling your school stirs a wide range of emotions and, therefore, must be carefully considered. Because we understand the importance of this step, we are patient during the decision-making period. We want you to be confident you are making the best choice and will work to help you thoroughly understand the process. All discussions remain confidential to allow you the freedom to explore this opportunity without outside pressures.

Our relationship begins with a one hour telephone interview during which time we learn more about each other's goals and long-term vision. Prior to the interview, we will sign a non-disclosure/confidentiality agreement that ensures all information remains confidential.

If both parties desire to continue conversations, a member of the AEG team will schedule a site visit to meet you and visit your school. The visit can be arranged at times convenient to you, including evenings or weekends. This is an important step in our process. We view the meeting as a first step in getting to know each other, understanding that we may be entering into a long-term partnership where our goals and vision need to align. Since we believe that the legacy built by the school owners should continue long into the future, we view the acquisition as much more than a business transaction. Indeed, we are building a partnership.

Following a few site visits, we will complete an in-depth business and academic review and move towards a non-binding letter of intent. The letter of intent clearly defines the proposed terms and conditions of our offer to purchase the school. While the letter of intent is non-binding, we trust that your acceptance signifies that we are in agreement on the key terms and will move towards a close date.

The signed letter of intent is followed by a 60 to 90 day due diligence period. Due diligence essentially provides AEG with all the information needed to operate the school following the close. During due diligence, AEG representatives will spend a few days at your school or accountant's office reviewing financial statements and key operational programs. We will also work with you to develop a purchase agreement that is mutually acceptable. Finally, following a successful due diligence review, we will complete the transaction at the final closing where all documents are signed and the purchase is final.

The entire process, from our initial introduction to the final closing, typically takes approximately 120 days. The actual time will vary based on many factors, including your desire, access to information, etc.

The leaders of AEG have a history of starting, building, and improving some of the nation’s top schools. However, we also recognize that visionaries like you have valuable experience and expertise to contribute to our organization. We would welcome the opportunity to discuss the wide-ranging talents and resources that are available across our network of schools. You can get a clear understanding of how you and your school might fit as a part of it and, at the same time, how we can help your school achieve a new level of success.

To find out more, contact Jeff Poole at 616.301.1221, or email info@AmericanEdGroup.com.