| Lincoln Group of Schools | |
|---|---|
| Established | 1946 |
| Type | for-profit |
| President | Shaun E. McAlmont |
| Executive Chairman | David F. Carney |
| Location | West Orange, New Jersey, United States |
| Campus | multiple campuses located in Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Nevada, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, and Tennessee |
| Website | http://www.lincolnedu.com/ |
The Lincoln Group of Schools (NASDAQ: LINC) is a group of for-profit vocational institutions consisting of 43 campuses in the United States. Each campus is owned and operated by Lincoln Educational Services Corporation. Admission to any campus requires a high school diploma or equivalent.
The first Lincoln Technical Institute was established in 1946 in Newark, New Jersey, offering training in installation and servicing of air conditioning and refrigeration equipment. The first President at Lincoln Technical Institute was actually the grandson of Abraham Lincoln. Automotive courses were added in 1948. Lincoln established traveling schools to offer NAPA-certified training, which certified over 11,000 mechanics between 1955 and 1965.
In 1969, Ryder acquired Lincoln Technical Institute and two other technical schools with campuses in Illinois, Pennsylvania and New Jersey. By 1977, Lincoln Technical Institute had ten campuses in Illinois, Indiana, Iowa, Maryland, New Jersey, Pennsylvania, Texas, and Washington, DC. Lincoln Technical Institute acquired court reporting school The Cittone Institute and its three campuses in 1994, leading the group to have 14 campuses by the school's 50th anniversary in 1996.
Stonington Partners and Hart Capital purchased Lincoln Technical Institute in 2000. The school continued expanding, acquiring Denver Automotive and Diesel College and Computer-Ed Business Institutes in 2001, the Nashville Auto-Diesel College in 2003, and the Southwestern College of Business and New England Technical Institute[1] in 2004. Lincoln Educational Services Corporation made its initial public stock offering in 2005, trading on the NASDAQ under the symbol LINC. Also in 2005, the group acquired the Euphoria Institute of Beauty Arts and Sciences. Further acquisitions include the Harrison Career Institute in 2007, Briarwood College in December 2008 and the Baran Institute of Technology schools (Baran Institute of Technology, Connecticut Culinary Institute, Americare School of Nursing, Engine City Technical Institute, and Clemens College) in 2009.
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