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Education Futures Group, LLC

Jim Tolbert is the Chief Executive Officer of Education Futures Group, LLC, a firm focused exclusively on the acquisition of post-secondary education operating companies. Education Futures Group focuses on acquisition opportunities where the target companies could benefit from an operationally-oriented buyer with a strong capital base. 

In June, 2006, EFG completed its first acquisition of El Paso, Texas based Computer Career Center.  In April of 2007, a branch campus was opened in Las Cruces, NM.

In June, 2007, EFG completed its second acquisition of Utah based Certified Careers Institute.   CCI has campuses in Salt Lake City and Clearfield. 

In 2008, Certified Careers Institute was renamed Vista College and in 2009 Computer Career Center was renamed Computer Career Center a Division of Vista College.

In August, 2007, EFG completed its third acquisition of Texas based Texas Computer Training Institute.  TCTI has campuses in Lubbock, Texas and Amarillo, Texas.  Early in 2008, these campuses were re-licensed in the state of Texas and renamed as Computer Career Center a Division of Vista College of Amarillo and Lubbock.

Jim and other members of the EFG management team have deep post-secondary operational experience and will play an active role in the management of the company.  Jim Tolbert and Prospect Partners were both previously partners and investors in Education Corporation of America (d/b/a/ Virginia College), a post-secondary school in the Southern United States. 

Jim Tolbert was the former Chief Financial Officer of Virginia College and one of the shareholders.  Jim is the past-Chairman and board member of the Career College Association.

 

Prospect Partners, LLC, is a leading private equity firm investing in smaller lower-middle-market companies, managing $470 million in three funds. A highly active, committed, and experienced small-company investor, Prospect Partners focuses exclusively on management-led leveraged recapitalizations and buyouts of niche market leaders with revenues typically between $10 and $75 million. Since its inception in 1998, Prospect Partners has invested nationwide in over 75 companies in a broad range of niche markets, including manufacturing, distribution, and specialty consumer, business, healthcare, and industrial services. Limited Partners in the firm’s current $200 million fund include Goldman, Sachs & Co., General Motors Investment Management Corporation, J.P. Morgan Asset Management, Performance Equity Management, LLC, the University of Notre Dame, the Northern Trust Corporation, Commonfund Capital, and RCP Advisors, LLC. For more information, please visit www.prospect-partners.com.