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Home > Company Index > Diversified Services > Education & Training Services > Sylvan Learning Systems, Inc.

Sylvan Learning Systems, Inc.
Nasdaq: SLVN
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 NEWS FROM THE STANDARD
Biz Men on Campus
Sep 12 2000 12:00 AM PDT

 PROFILE
Sylvan Learning Systems goes above and beyond the call of tutoring. A leading US provider of contract educational services offers schools and other organizations contract supplemental, educational, and professional development services. It also provides tutoring through about 900 learning centers across North America and some 1,000 learning centers across Europe. It sold its Prometric subsidiary (computer-based testing services), which generated the majority of the firm's revenue, to raise funds for other ventures including an Internet investment unit (Sylvan Ventures) and an international network of universities (Sylvan International Universities). State Street Bank and Trust owns about 12% of Sylvan.

 COMPETITION
Kaplan, Inc. (dossier)

 DEALS
Deal: Sylvan Invests in Walden University
Date Announced: 02.05.01
Value of transaction (US $Mil): 32.8
Description: Distance and online learning company gets $32.8 million investment from Sylvan Learning's venture arm.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 316.70
1-Yr. Sales Growth: (6.4)%
Employees: 14,200
Revenue per employee: $22,302.82

 KEY PEOPLE
• Douglas L. Becker
    CEO
• Sean Creamer
    CFO

 CONTACT INFO
1001 Fleet St.
Baltimore, MD 21202
US
Phone: 410-843-8000
Fax: 410-843-8065
Online: Web Site

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