Cherry Hill, NJ [June 3, 2021] – The team at Vantage Commercial is thrilled to announce the successful sale of the business and mixed-use real estate at Hopwood School and Camp, located in Lansdale, Pa. Ken Richardson, Executive Director, and Corinne Giletto, Senior Advisor at Vantage Commercial, worked with both the buyer and seller to execute a successful sale of both Hopwood’s business and assets during a crucial time in the US Economy (COVID-19). The Hopwood School was established in 1968 (as Hopwood Nursery School) and the Hopwood Summer Day Camp in 1981 by Ann and Richard Hopwood. Their daughter, Heidi Hopwood Geverd, and her husband, Brian Geverd, continued the legacy until 2021. The school’s enrollment grew through the years and the school became a staple in the community under the direction of Heidi and Brian. In preparation for retirement, Heidi and Brian Geverd engaged the services of Vantage Commercial to perform a valuation of the business and real estate and to identify an operator capable of carrying on the family’s legacy.
Vantage Commercial has had tremendous success marketing and selling business entities of all types, including childcare facilities. These transactions require exceptional skill as all parties need to be aligned on every facet of the business: finances, management, real estate, and others. The brokerage has successfully aligned sellers and buyers of multiple childcare facilities, even during the COVID pandemic.
Vantage Commercial sourced an operator that presented the most ideal combination of business acumen, cultural awareness and complementary management styles. Cassey and Annie O’Rourke will continue to enforce the highest-quality educational standards, core values, and family-inspired environment that the Hopwood’s initiated, while integrating the needs and desires of the modern family.
“It has been a pleasure working with the Vantage team through this acquisition process. Richardson and Giletto’s guidance was instrumental to creating a relationship with the seller that created synergy in the sales process,” Cassey O’Rourke stated.
The Hopwood’s School and Camp fulfill a need for a high-quality and high-performing early education program in and around Lansdale, PA. Vantage Commercial wishes the new owners a lot of success and the Geverd’s a happy retirement!