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Q: Financial and competitor data on privately-held publishing company ( Answered 4 out of 5 stars,   0 Comments )
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Subject: Financial and competitor data on privately-held publishing company
Category: Miscellaneous
Asked by: greenbaum-ga
List Price: $100.00
Posted: 02 Dec 2005 14:24 PST
Expires: 01 Jan 2006 14:24 PST
Question ID: 600676
I would like information on PRO-ED Inc., a publishing company in
Austin TX that specializes in special education diagnostic tests,
clinical materials and books. http://www.proedinc.com/
I will pay $50.00 each for accurate answers for each of these
questions, up to $200 for the most complete and detailed information.
1. Who are the current owners and board of directors members? 
2. What were their total revenues for 2003, 2004 and 2005?
3. Who are their main competitors (list at least two in each of their
product categories --
Speech, Language, and Hearing 
Psychology and Counseling 
Special Education (including Developmental Disabilities,
Rehabilitation, and Gifted Education)
Early Childhood Intervention 
Occupational and Physical Therapy)
4. How big is their current customer base (reasonable estimates that
share your estimate methodology are fine)?

Request for Question Clarification by bobbie7-ga on 02 Dec 2005 15:25 PST
Hello Greenbaum,

Unfortunately I did not find free information for this company. Would
you be interested in purchasing commercial business reports for PRO-ED
Inc.?


Take a look at what is provided in each report.

Business Background Report:  $38.99
The Business Background Report provides summary information on the
background of a company and its senior management.
This includes:
- A company profile, including sales, net worth, total employees, top
executives and other corporate information.
- Special events, including change of ownership, moves, bankruptcies,
fires and other disasters.
- Business history, including date of incorporation and authorized shares.


Company Profile Report: $9.99
This includes:
- Key contact information, such as addresses, telephone numbers and
the names and titles of executives.
- Summary of business data, including D-U-N-S Number and SIC code. 
- Some records may also include financial information, including sales
data and trends.

Credit Report:  for $29.99 
This includes:
- Indicators of financial strength, including annual sales and years in business. 
- Summary information on any outstanding suits, liens, or judgments.


Business Information Report: $119.99
This includes:
- An overview of the company, including company profile, financial
condition and payment history.
- Credit Limit Recommendation 
- Payment Trends Profile - a company's payment patterns compared to
industry norms.
- An overview of how a company has paid its bills



Comprehensive Report: $139.99
This includes:
- Detailed credit information and payment history.
- Graphs and indicators that visually flag areas of high risk.
- Key business ratios that measure financial strength.
- Summary information on profitability, debts, assets, and corporate relationships.
Comprehensive overview of a company?s operational history (including
industries and areas of operation).
-Detailed company profile and statistics (including address and phone
number, net worth and D-U-N-S Number).
-Credit Limit Recommendation - guidance for setting credit terms.
- Payment Trends Profile - a company?s historical payment trends.
- An overview of how a company has paid its bills.

Please let me know via the ?CLARIFICATION? feature if information for
the purchase of these reports would serve your purpose?

Thanks, 
Bobbie7

Request for Question Clarification by pafalafa-ga on 03 Dec 2005 13:11 PST
greenbaum-ga,

I asked the editors to remove my previous post to your question...I
had inadvertently submitted it as an answer, when it was only meant as
a request for clarification.

In the process, they removed your comment back to me, as well.  

As I had mentioned, I have a fair amount of information on Pro-Ed, but
not precisely in the categories you had asked for, nor at the level of
detail you were hoping for.

If you wish to change the list price of the question, please do so
(this has to happen at your end...I can't do it from mine), and I'll
be happy to post the information I've collected as an answer to your
question, at whatever price you deem fair.

Thanks,

pafalafa-ga

Clarification of Question by greenbaum-ga on 03 Dec 2005 14:13 PST
To bobbie7-ga -- I'm not interested in those reports, but thanks anyway.

To pafalafa-ga -- Am trying to edit the dollar amount and will have to
get Google's help, it appears all is locked. Please bear with me and I
hope to get this set later today (Saturday.)
Answer  
Subject: Re: Financial and competitor data on privately-held publishing company
Answered By: pafalafa-ga on 04 Dec 2005 11:28 PST
Rated:4 out of 5 stars
 
greenbaum-ga,

Thanks for sticking with the process as we worked things out.

Private companies generally value their privacy a great deal.

At one point in its history, Pro-Ed was a somewhat visible company, at
least in terms of press announcements about acquisitions and the like,
but in the past decade it has almost disappeared from the business
pages of the newspapers...quite possibly, a conscious decision on the
part of company management.

Here are the various items of information I was able to glean on
Pro-Ed, its management, and related entities.

I trust the information detailed below fully answers your question.  

However, please don't rate this answer until you have everything you
need.  If you would like any additional information, just post a
Request for Clarification to let me know how I can assist you further,
and I'm at your service.

All the best,

pafalafa-ga


===============


From a search of various business databases, such as Dun and
Bradstreet, Reference USA, Accoona, Lexis-Nexis, and others, I was
able to compile the following profile:




PRO-ED     
8700 SHOAL CREEK BLVD  
Austin, TX 78757-6897
Phone:  (512) 451-3246  
Fax:    (512) 451-8542

OWNER:  Donald D. Hammill

# of employees:  50-99 at a single location

Annual sales: $20-50 million

Credit rating:  Excellent

Year established:  1965 (this it the year in business databases,
though TX state records indicate 1977)

Yellow Pages listing at least as far back as 1988
  


====================

A search of the Texas Secretary of State Corporation filings revealed
some additional details about Pro-Ed:



https://direct.sos.state.tx.us/acct/acct-login.asp
Texas SOSDirect


Pro-Ed Executives:

ROBERT K LUM  VICE PRESIDENT  

DONALD D HAMMILL  PRESIDENT, DIRECTOR 

J LEE WEDIERHOLT  VICE PRESIDENT, DIRECTOR  


Corporate Charter Date: May 11, 1977 



Searching SOSDirect for other affiliations for Donald D Hammill, the
owner, president and a director of Pro-Ed, turned up the following:





Mark  Filing Number  Person  Title  Entity Name  Entity Type  Entity Status  

 DONALD D HAMMILL  PRESIDENT,DIRECTOR  PRO-ED, INC.  

 Donald Hammill  Registered Agent  SOCIETY FOR LEARNING DISABILITIES
AND REMEDIAL EDUCATION  (Involuntarily dissolved)
  
 Donald Hammill  Registered Agent  HAMMILL PUBLISHING COMPANY 
(Forfeited existence)
  
 Donald D Hammill  Director  DONALD D. HAMMILL FOUNDATION  Nonprofit
Corporation (since 1987--Weiderholt listed as Director from inception)

 Donald D Hammill  Director  HAMMILL INSTITUTE ON DISABILITIES 
Nonprofit Corporation
 
 Donald D Hammill  Registered Agent  HAMMILL INSTITUTE ON DISABILITIES
 Domestic Nonprofit Corporation


There is also mention of a Hammill Interests Inc, as a prior name for Pro-Ed Inc.  




====================

Here's a bit of information on the Donald D Hammill Foundation:


http://archive.naccho.org/Funding-Guide/August-2004/Texas.pdf

Donald D. Hammill Foundation 
8700 Shoal Creek Blvd. 
Austin, TX 78757-6816 
Telephone: (512) 451-0784 
Contact: Cindy Thigpen, Secy.-Treas. 
E-mail: ddhfound@aol.com

Purpose and activities: Giving limited to nonprofit organizations
providing assistance to financially disadvantaged disabled or learning
disabled individuals; also awards research scholarships to individuals
working at the dissertation level in the area of special education.

Geographic focus: Texas 

Limitations: Giving primarily in the Austin and Travis County, TX,
area; scholarships are given on a national basis.


===============


There are many mentions on the web of publications by Pro-Ed.  I have
not included these here (but I certainly can, if you're interested),
except for this one, which includes the name George W. Hynd,
apparently a senior person at Pro-Ed:


http://www.thetransitioncenter.org/page.asp?page=content/Resources/journals.html&pagetype=visitor


Journal of Leaning Disabilities
George W. Hynd, EdD, Editor
PRO-ED
8700 Shoal Creek Blvd.
Austin, TX 78757
(512) 451-3246
(800) 897-3202
Fax: (512) 451-8542

www.proedinc.com



===============

I have access to a large number of newspaper databases going back many
decades, including the Austin Statesman.

Pro-Ed received numerous brief mentions in the press in years past
regarding their business activities, but later mentions are almost
always limited to foundation and charity work, rather than the core
business of the company.

Here are excerpts from the most in-depth mention, from the Austin
Statesman of 1989:



=====
February 13, 1989 
TOP SHELF - Number of area publishers speaks volumes about Austin's
reputation as literary capital

...One of the most aggressive publishers in town is Pro-Ed Inc., a
12-year-old company that specializes in tests, journals and
college-level textbooks on special education.

...Instead of simply setting up distribution deals with smaller
mom-and-pop publishers as Texas Monthly does, Pro-Ed buys the company
and its already published books, thereby avoiding the costs of
developing books on its own.

..."We have found it better to grow by acquisition than to actually
sit down and commission manuscripts,'' said Pro-Ed president and
Austin native Donald Hammill, who holds a Ph.D. in special education
from UT. ``For an obvious reason: To build a book from scratch is
labor intensive. It means you have to have a copy editor and graphics
people and production people, all committed to the production of this
book. Rather than do that we will buy the company.''

...Pro-Ed's most recent acquisition was in January when it purchased
Ednick Communications Inc. in Portland, Ore., along with 25 titles. In
1988, Pro-Ed had a backlist of about 600 active titles, and gross
sales of between $8.5 million and $9 million a year, $2 million of
which were book sales, the company said.

...Pro-Ed, which employs about 40 people in Austin, maintains a full
production staff to keep books in print and has produced about 50 of
its own titles from start to finish, Hammill said.
=====


Lastly, here is a list (fairly comprehensive, from the looks of it) of
publishers of educational materials that have an emphasis on special
ed:


http://ericec.org/fact/publsher.html
Publishers of Special Education Material


Pro-Ed is included on the list, and these would certainly appear to be
Pro-Ed's primary competitors in the business.


===============


That's all I was able to uncover.  It's fairly slim pickins, but this
appears to be a company that relishes its low profile.


Let me know if there's anything else I can do for you,


pafalafa-ga
greenbaum-ga rated this answer:4 out of 5 stars and gave an additional tip of: $25.00
Dear pafalafa-ga -- given the penchant for privacy these folks have, I
appreciate your efforts and definitely want to get you compensated. My
home email is lwitzel@austin.rr.com -- I may need additional help in
the future, and if you'd be interested in working directly with me
please email me and let me know.

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