MIAT College of Technology

Industry: Education

Location: Canton, MI

ASC 805 purchase price allocation in connection with the acquisition of MIAT College of Technology, a portfolio company of HCP & Company.

Construction

The Company was acquired by a competitor. COMPANY The Company is a provider of commercial and residential building services. OUR

The Employee Stock Ownership Plan (“ESOP”) purchased 100% of the common stock of the Company in a leveraged ESOP recapitalization.

The Employee Stock Ownership Plan (“ESOP”) purchased 23.5% of the common stock of the Company in a leveraged ESOP recapitalization.

The Company raised a $9 million Senior Credit Facility. COMPANY The Company is engaged in the design, import, manufacture and