BUSINESSWEEK ONLINE : MAY 10, 1999 ISSUE
COVER STORY

The Dealmaker Is Back


Milken is going after the $800 billion educational-services market in a big way. He has already acquired 30 companies, and more deals are pending. Here's what his Knowledge Universe looks like:

KNOWLEDGE ENTERPRISES / $1.3 BILLION (REVENUES)
SPRING (BRITAIN)              Offers corporate clients informa-
$700 million                  tion-systems consulting, training,                
                              recruiting, and staffing

PRODUCTIVITY POINT            Provides corporations with computer
INTERNATIONAL                 training classes
$250 million

NEXTERA ENTERPRISES           Human-resources and info-tech
$185 million                  consulting company. Expected to                   
                              go public in May

TEC WORLDWIDE                 Support group for CEOs of small
$50 million                   businesses

BOOKMAN TESTING               Assesses employee computer skills
$20 million

OTHER VENTURES / $245 MILLION (REVENUES)
CHILDREN'S DISCOVERY CENTERS  Owns and operates 250 preschools
$150 million

LEAPFROG                      Makes toys that help kids spell,
$80 million                   read, and multiply

KU INTERACTIVE STUDIO         Develops computer-based learning
$10 million                   systems

KU PUBLISHING                 Publishes educational magazines
$5 million                    and books

TEACHER UNIVERSE              Computer training for teachers
(Startup)

U-NEXT                        Online graduate courses by Columbia
(Startup)                     University and other professors

NOBEL EDUCATION DYNAMICS      20% stake in this for-profit preschool
                              and elementary school chain


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BACK TO TOP


The Reincarnation of Mike Milken

COVER IMAGE: The Reincarnation of Mike Milken

TABLE: A Milken Primer

PHOTO: Milken at a CaP CURE Meeting, 1993

TABLE: The Dealmaker Is Back

PHOTO: Milken with Nobel Laureates, March, 1999

Money Floods in to Fight a Killer

ONLINE ORIGINAL: Education Stocks 101



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