Modern Group of Companies acquired by VINCI Construction
Modern Group of Companies is a construction and engineering company in New Brunswick that was supported by Doane Grant Thornton’s M&A throughout the transaction process.
Canadian College of Health Science & Technology acquired by a strategic buyer
About the client
Canadian College of Health Science & Technology (CCHST) is a family-owned, private career college located in Windsor, Ontario, that specializes in healthcare, business, and IT programs. CCHST takes pride in ensuring that its students are well-prepared to enter the workforce and further their careers.
When the shareholders at CCHST decided to transition out of the business, they wanted a buyer with a passion for education and community engagement. After many conversations with interested strategic acquirors, the shareholders agreed on selling to a like-minded individual with existing interests in the education sector.
Our Transactions team worked closely with the shareholders to navigate the twists and turns of an extensive search for a buyer, guided them through the sale process, and provided tax planning advice.
Together with our Transactions team, shareholders achieved their objectives and completed a fair transaction that accomplished their goals—allowing them to transition into retirement.
Fast facts
Client
Canadian College of Health Science & Technology
Transaction type
Divestiture
Services provided
M&A
Sector
Education
Close date
August, 2023
The client experience
"Grant Thornton’s advisors provided the support needed for the sale of our family business. Kris and team took the time to understand our business and learn what we were looking for—a buyer with similar values. We worked together on a detailed strategy, and they guided us through each critical stage. Everyone on the team was sensitive to our day-to-day operations and worked hard to avoid disruptions, as we worked towards completing successful final negotiations."
President, Canadian College of Heath Science & Technology
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