MPA America Inc.

You can find the opportunities at “Asia M&A Platform“.

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Summary

1/ General Information

Target Company is an English language educator with over 25 years of experience in Vietnam.
As part of an international organization with over 40 years of experience, it was one of the earliest providers of premium English courses with native English-speaking teachers in Vietnam.

2/ Business Overview

Target Company operates through five main divisions:
• School Link: Offers English language programs to primary, secondary, and high school students with 90+ affiliate schools.
• School Elite: Provides advanced English programs to select groups of students with 20+ affiliate schools.
• Corporate Link: Delivers English training to corporate clients.
• Franchise Business: Expands through franchise partnerships, with 12 franchise facilities.
• Public Centres: Runs 3 public English learning centres across Vietnam.

Target Company serves over 50,000 students, employs 250+ foreign teachers, partners with 110+ affiliate schools, and maintains multiple franchise partners.

3/ Financial Performance Summary

Net Profit (in USD)
• 2018: 544,758
• 2019: 857,858
• 2020: 66,798
• 2021: 7,459
• 2022: 764,432

The net profit trend indicates that Target Company was significantly impacted by the pandemic in 2020 and 2021 but has shown a remarkable recovery in 2022, reaching $764,432.

EBITDA (in USD)
• 2018: 765,751
• 2019: 1,568,123
• 2020: 375,435
• 2021: 243,095
• 2022: 1,170,589

EBITDA figures align with the net profit trend, showing a decline during the pandemic years and a recovery in 2022.

4/ Revenue by Business Segment

a. Schools Link
The Schools Link segment is the primary revenue driver for Target Company.
It contributed consistently high proportions of the total revenue over the years, ranging from 61% to 81% between 2018 and 2022.
The actual revenue figures for Schools Link were:
• 2018: 8.95 million USD • 2019: 9.61 million USD
• 2020: 6.13 million USD • 2021: 3.88 million USD
• 2022: 7.41 million USD

b. Schools Elite
Schools Elite maintained a steady contribution of 5-7% of the total revenue.
This segment showed resilience even during the pandemic, with revenues as follows:
• 2018: 0.72 million USD
• 2019: 0.76 million USD
• 2020: 0.59 million USD
• 2021: 0.28 million USD
• 2022: 0.57 million USD

c. Corporate Link
The Corporate Link segment experienced fluctuating contributions, making up 2-7% of the total revenue. Here are the revenue figures:
• 2018: 0.61 million USD
• 2019: 0.63 million USD
• 2020: 0.81 million USD
• 2021: 0.23 million USD
• 2022: 0.31 million USD

d. Franchise Business
This segment contributed a smaller portion to the overall revenue, with the following figures:
• 2019: 0.35 million USD
• 2020: 0.36 million USD
• 2021: 0.17 million USD
• 2022: 0.10 million USD

e. Public Centres
The Public Centres segment, which accounted for 9-20% of the total revenue, showed a robust recovery post-pandemic:
• 2018: 2.42 million USD
• 2019: 2.17 million USD
• 2020: 0.86 million USD
• 2021: 1.12 million USD
• 2022: 0.80 million USD

5/ Investment Opportunity

Valuation of 22 million USD, offering investors the chance to acquire up to 100% of existing shares.

Company Profile

Type of BusinessEducation
Place of BusinessVietnam
Years Since Establishment25-50 years
No. of Employees500+ employees

Financial Overview

Annual Revenue5-10M USD