Hondros Education Group Acquires Westford College to Strengthen Arizona Real Estate Education.
M2 EQUITYBITES-October 13, 2017-Hondros Education Group Acquires Westford College to Strengthen Arizona Real Estate Education
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13 October 2017 - US-based Arizona School of Real Estate and Business (ASREB) has partnered with Arizona, US-based real estate school Westford College to further unify real estate education in Arizona, the company said.
Arizona School of Real Estate and Business (ASREB) is a division of Hondros Education Group, an Ohio, US-based real estate education company.
Terms of the transaction were not disclosed.
Westford will pool its talents with ASREB and another school owned by HEG, Arizona Academy of Real Estate, to represent a real estate program. HEG has established a plan to transition employees, students and the real estate industry by the end of the year, when all staff will be one team and all classes one program under the ASREB brand.
Hondros Education Group said the partnership will allow the company to better serve the thriving Arizona housing market, particularly Northwest Phoenix, with well-trained real estate professionals.
Over the past 15 years, HEG has acquired more than a dozen real estate schools across the country. The AARE was acquired by HEG in February. This is the second such purchase for HEG in 2017.
Westford College is the combined operation of three real estate schools: Ford Schools of Real Estate, Estern College of Real Estate and Lovett Schools of Real Estate that merged in 1996.
Hondros Education Group consists of leading real estate education companies that focus on classroom and online delivery as well as exam prep and textbooks. Hondros College of Business, Hondros Learning, CompuCram and the Arizona School of Real Estate and Business offer real-world career training to the adult learner.
The Arizona School of Real Estate and Business offers license education for real estate, mortgage, home inspection, appraisal, contracting and insurance as well as non-license industry programmes.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Oct 13, 2017|
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