Endeavor Schools is known for maintaining the original branding of schools it acquires. Why is this an important part of the company’s strategy?
Carrying on the legacy of the school’s owner is very important to Endeavor. Much of a school’s success is based on the positive impact it has had in its community. By maintaining the brand and culture of the school, we are letting the community know that everything they loved about the school will continue. The schools we acquire have earned trust in their communities and we want to continue building those relationships.
What originally inspired Endeavor Schools to maintain the original school brands, as opposed to creating a monolithic corporate brand?
We know that schools take many years to build a special connection with the community and the school’s brand is a part of that. Maintaining the brand shows that we respect the connection that the school built within the community and want to continue growing it.
How do you work with school sellers to fully understand their mission so that you can maintain the spirit if their school?
During the acquisition process, we spend a great deal of time getting to know the school and its culture. This means working with school’s leaders and teaching staff to understand how they operate and how they approach education. Before we close any deal, we make sure we completely understand the school, its employees, and of course, how best to serve the students for years to come. This helps us to ensure the school’s success for years to come.
What kind of improvements does Endeavor Schools make to its schools?
This really depends on the school and our discussions with the former school owner. But one area we consistently enhance is the amount of resources available to the teaching staff. Endeavor Schools has fantastic resources and benefits for teachers, including career development opportunities, mentorship, and the backing of our highly experienced and respected academics team. One of the top reasons school owners choose to work with us is that they see we are laser-focused on education quality and understand that means giving teachers everything they need and more to do their job well.
What has been the response from previous owners during the transition process and after acquisitions were finalized?
Let’s face it, selling a business is not the easiest thing in the world. One thing we are proud of is that we work very hard to make it easier and previous owners have pointed out how grateful they are for our approach. We make it as easy as possible. At the end of the day, a successful transition is a smooth one. When school owners and Endeavor work together to make sure the purchase goes smoothly, everyone wins – especially the staff and students.
After the transition process, we have maintained excellent relationships with previous owners. Many have grandchildren still at the schools and often join us for special events, such as holiday festivals. We believe they see that we care for their legacies like we promised, that their team of educators are well taken care of, and the students are continuing to receive a high-quality education. Previous school owners know how integral their schools are to the community and, with us, they know that will continue.
What would you like to say to current school owners who are interested in selling their school?
Ask lots of questions and judge our answers by our track record. We are always looking for new schools to join our family. We understand that parting ways can be difficult for many school owners because they have put so much time, energy, and love into their schools. We love working with these owners because their passion matches ours. For us, the quality of education we provide is our top priority and we believe in doing all we can to help our children and teachers thrive. If you want your school to continue doing great work, reach out to us.