All Press Releases for August 05, 2014

New Horizons Great Lakes Acquires Eleven Franchise Territories within the Northeast Region of the United States

New Horizons Great Lakes Holding Corporation is now the largest ownership group in the U.S. within the New Horizons worldwide network of training centers.



    LIVONIA, MI, August 05, 2014 /24-7PressRelease/ -- Effective Friday, August 1, 2014, New Horizons Great Lakes Holding Corporation has acquired substantially all of the assets, existing operations and franchise rights associated with eleven (11) franchise territories containing nine (9) training center locations that collectively make up the Northeast region of the United States.

These nine (9) new locations include New York City, NY, Waltham and Boston, MA, Philadelphia, PA, Hartford, CT, Fairfield, CT, Providence, RI, Iselin, NJ and Nashua, NH. These new locations join the seven (7) current locations that are already owned and operated by New Horizons Great Lakes Holding Corporation including Livonia, Troy, Lansing and Grand Rapids, MI, Chicago and Rosemont, IL, and Cleveland, OH. The company plans to open four (4) new training center locations within the next 12 months in Deerfield, IL, Long Island, NY, Westchester, NY and Princeton, NJ. This acquisition makes New Horizons Great Lakes Holding Corporation the largest ownership group in the U.S. within the New Horizons worldwide network of training centers.

As stated by Mark McManus Jr., CEO of New Horizons Great Lakes Holding Corporation, "This is a very exciting acquisition for our company. These new locations not only represent a significant growth opportunity, but come with an outstanding management team. Many of the key leaders within this new region have 10 or more years of management experience within the post-secondary education market."

Mark and other key executives will be spending a significant amount of time over the next few months within the Northeast region visiting and getting to know the new team of employees, key customers and partners.

"Mark McManus and his father opened the first New Horizons franchise location in Livonia, MI in 1992 and have been considered thought leaders within the New Horizons network since. We strongly support this acquisition and are very excited about the company's strategy for future growth," said Earle Pratt, President and CEO New Horizons Worldwide, Inc. "Mark is one of our strongest franchise owners from a financial, operational and leadership perspective."

About New Horizons Computer Learning Centers
New Horizons is the world's largest I.T. training company. Through an integrated learning approach that ensures new knowledge can be applied to real-life situations, New Horizons offers a wide range of technology, applications, and business skills training from basic application and desktop productivity tools to complex and integrated business systems. New Horizons continues to expand its offerings, locations, and solutions to meet the growing demands placed on organizations and their employees. New Horizons is certified as a Microsoft Partner with a Gold Learning competency, Cisco Partner for Learning Solutions, CompTIA Authorized Partner, and VMware Authorized Training Center.

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Brian Zibricky
New Horizons Great Lakes
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