The Betty Owen School, Inc.
BO Acquisition was an acquisition vehicle formed by a group of investors in order to acquire the Betty Owen School out of bankruptcy. The Betty Owen School was a vocational school operating in Manhattan providing an education curriculum offering paralegal, secretarial and computer classes to students just out of high school.
Betty Owen School was operating under Chapter 11 protection without federal government accreditation and was undercapitalized and not able to properly fund its operations.
SSG was retained by BO Acquisition an assisted in arranging the acquisition financing which allowed BO Acquisition to close the transaction.