Berkery, Noyes & Co.
LLC Add an Education Executive
Dr. Bill Belew
Issue II - June 18, 2006
Introduction by Mr. Stolyarov:
A large investment bank, Berkery, Noyes & Co., has just hired Mark
DeFusco to broaden its reach in the for-profit education sector, writes
Dr. Bill Belew. For-profit education is a growing market with immense
opportunities for mutual gain for the students and companies undertaking
Berkery, Noyes & Co. LLC is a leading independent investment bank
that provides M & A services to the global information, publishing, and
The group has been involved as an advisor for most major
transactions, buying and/or selling, related to the education market in
1. National Geographic Society bought Hampton-Brown Co.
2. ProQuest bought Voyager Expanded Learning.
3. Touchstone Applied Science Associates just purchased Questar
I reckon Berkery, Noyes figures it better get someone on board who
knows something about post-secondary schools and other forms of
higher-ed, including the fopros.
So, they have hired Mark DeFusco. DeFusco will provide
1. Merger and acquisition advice
2. Strategic consulting
3. Research services
for fopros and training providers.
DeFusco "enhances our clients' ability to capitalize on the
tremendous opportunities presented in the current market." Translation
- there are some serious big bucks in fopro education.
What do you think?
Dr. Bill Belew is a former Intelligence
Officer for a Destroyer Squadron. He lived 20 years in Japan, where he
started a language school for Japanese
Dr. Belew teaches classes for a vocational school and online for a
See Dr. Belew's blog,
for news and discussions about business and current events in Russia and
for Dr. Belew's reports on business in China,
on business in Japan, and
TheBizofKnowledge on business education.
Click here to view TRBJ's Issue II Index.