Due Diligence for Higher Education Deals

Services for Buyers and Investors | Regulatory & Financial Expertise | Post-Close Support

The go-to compliance partner for private equity firms and institutions navigating Title IV and accreditation requirements.

$4B+

in higher education deals supported

180+

audits annually

I want to express my appreciation for your professionalism throughout the diligence process. Thank you for keeping us informed of the progress throughout and making it easier to track the open issues.

Chief of Staff, Proprietary School

Buying a school is unlike buying any other type of business.

Every higher education transaction involves the U.S. Department of Education (ED). Miss a compliance detail, and it can cost millions.

With nearly 50 years specializing in postsecondary education, McClintock & Associates helps investors move quickly, avoid surprises, and protect deal value.

Our Due Diligence Services

We help private investors and strategic buyers anticipate risks, meet DOE requirements, and protect enterprise value.

Every project is scoped to the deal’s size, timing, and regulatory complexity.

File Testing & Compliance Review

Audit student files and Title IV processes to validate compliance and identify potential findings.

Typical Range: $15K–$25K

Institutional Eligibility Risk Review

Assess ECAR/PPA validation, incentive compensation, and security reporting to confirm eligibility.

Typical Range: $5K–$15K

90/10 Rule Review

Analyze the school’s 90/10 calculation under the 2023 rule using proprietary tools.

Typical Range: $8K–$20K

Composite Score & Balance Sheet Modeling

Project Acid Test and Tangible Net Worth ratios to anticipate ED requirements and LOC exposure.

Forecast first-year Composite Score to gauge post-close capital needs and compliance outlook.

Typical Range: $5K–$20K

Beyond the Close

Our partnership extends beyond the transaction. We help clients maintain eligibility, stay audit-ready, and strengthen enterprise value throughout the hold period with services offering:

  • Annual financial-statement and Title IV audits

  • 90/10 and Composite Score forecasting

  • DOE Program Review and inquiry support

  • Regulatory updates and planning

Trusted by Leading Investors and Institutions

McClintock & Associates partners with private equity firms, universities, and education networks to guide complex transactions and regulatory transitions with precision and speed.

Vistria Group & University of Phoenix

Guiding a complex ownership transition.

Our Role

McClintock conducted Title IV and accreditation diligence, coordinating with counsel and financial advisors to confirm compliance and prepare for DOE submission.

SP Jain Global & California Miramar University

Ensuring compliance readiness in international expansion

Our Role

McClintock performed Title IV, 90/10, and financial-responsibility diligence, aligning DOE and accreditor requirements across jurisdictions.

Universidad Andres Bello (UNAB) & Post University

Supporting cross-border acquisition diligence

Our Role

McClintock assessed Title IV eligibility, accreditation standing, and Composite Score implications to facilitate regulatory approval.

Lindenwood University & Dorsey College / STVT Education

Advising on multi-campus regulatory transition

Our Role

McClintock reviewed financial aid operations and Composite Score forecasts, helping leadership navigate ownership and accreditation updates.

Cotulla Education & AIM / Tidewater Tech / Centura Schools

Evaluating operational risk before acquisition.

Our Role

McClintock led regulatory and financial due diligence to identify compliance exposures and prepare a post-close plan for Title IV and DOE reporting.

Start Your Due Diligence Conversation

Every education deal has its own risks. We help you see them clearly before they become problems.

Connect with John Doe, a senior partner who’s guided dozens of education acquisitions through Title IV and accreditation review.

Where to Find Us

We’re frequently invited to speak at conferences to share our expertise.

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