UNLEASHED BRANDS ANNOUNCES ACQUISITION OF SYLVAN LEARNING
DALLAS, Feb. 20, 2024 /PRNewswire/ -- Unleashed Brands, the world's first Youth Enrichment Platform that provides a safe, fun and enriching environments to help kids learn, play and grow, today announced it has made a strategic investment in the acquisition of Sylvan Learning, the leading provider of supplemental and enrichment education for K-12 students with more than 500 franchised locations. Details of the transaction were not disclosed.
- "The acquisition of Sylvan Learning is the sixth strategic acquisition Unleashed Brands is making into the youth enrichment market, further expanding our reach into the education segment.
- The addition of Sylvan Learning aligns perfectly with Unleashed Brands' goal to provide top-notch opportunities to help kids learn, play and grow from birth until they leave the home and go to college or the working world," said Michael Browning, Founder and CEO of Unleashed Brands.
- "Unleashed Brands' mission and goals for growth align perfectly with what we're looking to achieve for Sylvan Learning and, based on its past success in growing complementary portfolio brands, I'm confident we'll be able to do the same, reaching even more students and allowing them to achieve their goals for a brighter future," said John McAuliffe, CEO of Sylvan Learning.
- Unleashed Brands will function as the parent company of Sylvan Learning, as it does for its other brands including Class 101, XP League, Premier Martial Arts, Snapology, The Little Gym and Urban Air Adventure Park.