There's quite a bit of money to be made advising colleges on how to enroll students. On Tuesday, the Advisory Board Co. announced it's buying Virginia-based enrollment management consultant Royall & Company for $850 million.
The Advisory Board, which advises 3,900 hospitals and 600 colleges, is paying $750 million in cash and $100 million in its own stock. Royall, founded in 1989, helps 290 colleges decide what students to target for enrollment and what to charge them.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2014/12/11/enrollment-management-company-sells-850m