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Announced

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Roark Capital-backed YEB completed the acquisition of School of Rock from Sterling Partners from Sterling Partners.

Synopsis

Roark Capital-backed Youth Enrichment Brands, a youth enrichment franchise platform, completed the acquisition of School of Rock, a performance-based music education provider, from Sterling Partners, a private equity firm. Financial terms were not disclosed. “We’re thrilled to add School of Rock to our Youth Enrichment Brands platform and help support its next chapter of growth. As the leader in the music education space, School of Rock fits seamlessly with our other category-defining brands. Rob Price, the leadership team, and the company’s dedicated franchisees have built a differentiated and thriving business that will greatly contribute to our mission of helping every kid discover and develop lifelong passions," Justin Hoeveler, Youth Enrichment Brands CEO.

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