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Posted December 2, 2004 

Aspen Education Group Acquires
Island View & Oakley School

November 30, 2004

In what is the largest transaction in the company’s history, Aspen Education Group has acquired both Island View School and Oakley School in Northern Utah. Aspen is the nation’s leader in the delivery of therapeutic education programs to underachieving youths.

Oakley School, founded in 1997, is located near Park City, Utah. The school, with a capacity to serve up to 128-college preparatory boarding students, provides students, ages 14-18, a college preparatory education in a small, highly personalized environment and is one of the few clinical boarding schools in the country.

Island View, founded in 1994, is located north of Salt Lake City. With a capacity to serve up to 115 students ages 12-18, Island View is a residential treatment center that offers programs that help adolescents overcome self-defeating habits and build upon existing and newly found personal strengths. It is one of only a handful of residential treatment programs accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

Island View and Oakley School were founded principally by Lorin Broadbent, DSW, and Jared Balmer, PhD, to respond to families’ needs for residential programs that combine therapeutic intervention with a broad-based education program and a wide range of positive life experiences. Drs. Broadbent and Balmer, along with the rest of the senior management team, will be remaining in their current positions.

“These two programs have earned a national reputation for their ability to further the educational and personal growth of adolescents,” said Aspen’s Chief Executive Officer Elliot Sainer. “Aspen is very pleased to add these facilities to our diverse group of programs and to welcome their current leadership and faculty as part of our team.”

“We are very enthusiastic to join with the Aspen group of therapeutic education programs,” said Dr. Balmer. “We have long respected Aspen for its commitment to adolescents with challenges and their families, and for its excellent nationwide programs.”

“We feel confident that Aspen shares our same beliefs, values and goals of helping adolescents and their families learn to build healthy relationships together as well as helping them develop and achieve life goals,” said Dr. Broadbent.

Aspen Education Group is the nation’s leader in providing therapeutic education opportunities that improve the quality of life for underachieving children, teenagers and young adults and their families. Recognizing that every individual is challenged by different needs, Aspen offers a wide diversity of therapeutic education programs, settings and solutions that match youths’ needs with the right environment. Through Aspen’s 30 residential and outdoor programs in eleven states, parents can choose from a variety of therapeutic and academic environments, including boarding schools, outdoor experiential education programs, and weight loss residential academies and summer camps. In addition, Aspen operates several day schools for students with identified special education needs. Students in any of Aspen’s schools and programs benefit from the experience and depth of understanding that comes from helping tens of thousands of youths over the past two decades. For the last two years, Eduventures, a leading independent research firm dedicated to learning markets, has named Aspen Education Group among the top 100 education companies nationally.

For more information on Aspen Education visit www.aspeneducation.com or call 888-972-7736.

Copyright © 2004, Woodbury Reports, Inc. All Rights Reserved.
(This article may not be reproduced without written approval of the publisher.)


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