The acquisition of quality education in Yucai court and the integration of the waves?

Recently, Yucai Garden Education and Beijing Boya Route Education signed agreement, the acquisition of the latter all equity, the specific amount is not known, the new Yuan Wen Zhi as the financial advisor to the transaction. The official disclosure of information shows that the transaction within 2 months, the two sides believe that after the merger can promote heart route within 2-3 years to become the domestic winter summer camp education institutions leader, and in five years to enter the entrepreneurial education is a primary and secondary school extracurricular, children's taekwondo, Weiqi, calligraphy and painting, Dance and other quality education as the core business of the large-scale education and training institutions, was founded in November 2007. As of December 2012, Yucai Court has established 91 training centres nationwide (including 24 children training), covering 16 provinces and 28 cities. Heart Route Education was established in 2004, is committed to build China's most professional winter summer camp education institutions. Heart route with independent intellectual property rights of the "mental Growth" series of courses and "Learning to Grow" series of courses, and the establishment of "two high two low" quality management system (high quality, high efficiency, low cost, low error). The net profit margin of about 20% is maintained for three consecutive years, and the cash flow and financial condition are also good. (Multi-Knowledge network Hou Jingtian)