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New Deal


Announced

Completed

Appleby College completed the acquisition of Camp Kandalore.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Canada

Education Services

Majority

Domestic

Private

Completed

campsites

Friendly

Single Bidder

Synopsis

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Appleby College, a Canadian day and boarding school, completed the acquisition of Camp Kandalore, an overnight camp and canoe out-tripping programs. Financial terms were not disclosed. "Camp Kandalore is recognized as one of the leading forces in the Canadian summer camp and outdoor education landscape. When we initially started discussions with the owners about this possibility, we immediately recognized how the addition of Camp Kandalore would both build on and complement our existing outdoor education and camps programming. However, as our discussions with the Camp Kandalore team progressed, we gained an appreciation for how aligned our cultures, philosophies and values are, enabling us to see Camp Kandalore’s mission, purpose and beliefs as an extension of our own. We look forward to continuing its legacy in what is an important part of the classic Canadian identity," Innes van Nostrand, Camp Kandalore Principal.

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