NCK Capital has acquired Ogle School, an Arlington, Texas-based cosmetology and esthetics education provider. No financial terms were disclosed.
Dallas, TX (PRWEB) January 09, 2015
Ogle School, an industry leader in cosmetology and esthetics education, today announced the company’s acquisition by NCK Capital, a Dallas-based private equity firm specializing in management buyouts, divestitures and recapitalizations of family-owned businesses.
“We are excited to bring the ownership of Ogle School back to Texas. Ogle is a 40-year-old institution that has been a pillar of our local community, boasting superior graduation and job placement outcomes. Further, its leaders are true models for for-profit education,” said Grant Kornman, NCK Capital’s managing partner. “We look to invest in companies with strong leadership, exemplary values and outcomes, and local roots. The acquisition was a natural choice for us.”
The partnership, which was made official in December 2014, will bring NCK Capital’s expertise to Ogle School and shepherd the school into its next era.
“We care deeply about our students, and empowering them for rewarding careers is at the heart of our mission. A return to local ownership and the solid backing of NCK Capital will help us continue Ogle School’s great tradition, helping students achieve their career goals in the beauty industry,” said John Blair, Ogle School’s president and CEO.
About Ogle School
A Texas tradition for more than 40 years, Ogle School is an industry leader in cosmetology and esthetics education. Ogle’s quality training has transformed thousands of committed students into successful graduates. In fact, Ogle School has 85 percent job-placement rate after graduation. The beauty school based in Arlington, Texas, helps thousands of students make beauty their business through salon-modeled, student-centered training and development of the highest caliber. For more information, visit http://www.ogleschool.edu.
About NCK Capital
Founded by entrepreneurs, Grant Kornman and Michael Kornman, NCK Capital acquires controlling interests in lower-middle market companies and takes them to the next level with “right-fit” capital structures, inspiring management incentives, and nurturing support. NCK Capital invests in a multitude of industries by acquiring corporate divestitures, leading management buyouts and recapitalizations of family-owned companies. For more information, visit http://www.nckcapital.com.