SYS-CON MEDIA Authors: Elizabeth White, Peter Silva, Liz McMillan, Yeshim Deniz, Pat Romanski

News Feed Item

Milwaukee College Prep Reaches Agreement to Acquire Young Leaders Academy

Will Establish Fourth Charter School in Milwaukee's Central City

MILWAUKEE, Feb. 4, 2014 /PRNewswire/ -- Milwaukee College Prep announced it has reached an agreement to acquire the YMCA Young Leaders Academy, located at 13th and North Avenue.  There it will add a fourth campus to its highly-regarded network of K-8 free, public, charter schools, which includes its flagship 36th St. Campus, Lloyd St. Campus (a four year old turn-around effort), and 38th St. Campus (a three year old start-up).

The new Milwaukee College Prep school will begin concurrent with the start of the 2014/2015 school year, ultimately enrolling 500 scholars at this campus and almost 2000 in total.  All classes and other operations at the Young Leaders Academy will continue until June 30, 2014.

This transaction was initiated when the YMCA Board of Directors, acting under its authority and responsibility, began a comprehensive review of various strategic options for the school over one year ago.  The YMCA Board came to the conclusion that the students and families currently served by the Young Leaders Academy will be better positioned for future and continued success as part of a broader network of established charter schools. The YMCA Board then began discussions with Milwaukee College Prep to achieve this vision.

Both Milwaukee College Prep and the Young Leaders Academy share a fundamental belief that each child has a right to a first class education, regardless of race, geography or income.   By aligning two like-minded and high-achieving schools, more student scholars will have the opportunity to engage in a learning environment committed to both academic success as well as positive character development.

"The Young Leaders Academy is an outstanding school, with exceptional staff and a fine facility," said Robert Rauh, Chief Education Officer of Milwaukee College Prep.  "We have long admired their high standards of academic achievement, as well as their commitment to teaching the whole student.  Milwaukee College Prep will honor that legacy by ensuring students continue to receive a top notch education in an uncompromising environment where they, not their demography, determine the extent of their success."

Milwaukee College Prep also announced that the current Young Leaders Academy principal, Michael Morgan, has agreed to serve as the principal of the new school in the coming academic year.  Enrollment for the 2014/2015 school year begins on March 1, with preferential treatment being given to the existing students of current Young Leaders Academy and Milwaukee College Prep students.

The Young Leaders Academy was established in 2002 by the YMCA of Metropolitan Milwaukee.  Commenting on the transaction, Julie Tolan, President and Chief Executive Officer of the YMCA of Metropolitan Milwaukee, said: "The Young Leaders Academy's long-stated goal is to become a top charter school in the city of Milwaukee.  By aligning with Milwaukee College Prep, we have taken another major step towards achieving that goal.  Our students, staff and families will now have the extraordinary opportunity to become part of a broader, nationally-recognized community that truly lives up to the fundamental truth that all children are worthy and can learn."

Milwaukee College Prep is widely-viewed as a school of excellence. Milwaukee College Prep scholars make gains of approximately 1.5 academic grades in a single school year, and more than 94% of Milwaukee College Prep alumni have graduated from high school in four years.  Milwaukee College Prep has also welcomed more than 1,000 educators and administrators from across the city, state and to share best practices so that every child might receive a top notch education. 

"This is good news for families and students in our city. We all know that we need more high performing schools in our city. Milwaukee College Prep is clearly doing a great job with their students. This agreement will allow them to bring that quality to even more students, said Howard L. Fuller, Ph.D, Distinguished Professor of Education and Director of the Marquette University Institute for the Transformation of Learning. "Their focus on character in addition to academic excellence is at the heart of the mission of the YMCA. By moving away from operating a school, the YMCA will be able to focus on its core mission and as a former 'YMCA-kid' myself, I can attest to the positive impact the Y has on our youth and broader community for a very long time. I am pleased to see that they will continue their commitment to the community at the North Avenue location and the people who depend on the Y for the services it offers will be all the better for it."

The YMCA of Metropolitan Milwaukee operates 10 fitness and recreation centers throughout the Milwaukee area, including the Northside YMCA, which is adjacent to the Young Leaders Academy.  Until this transaction, the YMCA of Metropolitan Milwaukee was one of the only Y's in the nation to own a charter school.  Continuing its focus on healthy living, youth development and social responsibility, the YMCA has reached a long-term lease agreement with Milwaukee College Prep to allow the Y to continue operations of the Northside Y for at least the next 10 years.

The transaction will be finalized on June 30, 2014, subject to the completion of certain closing conditions.  At that time, Milwaukee College Prep will establish a new charter school under the authority of University of Wisconsin-Milwaukee.  

Contact:

Megan Hakes

414-788-6599

SOURCE Milwaukee College Prep

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Physical, virtual, containers. Private cloud, public cloud, hybrid cloud. IaaS, PaaS, SaaS. Windows, Linux, Mac. These are just some of the choices faced when architecting a datacenter of today. And the choice is not one or the other; instead, it is often a combination of many of these. HashiCorp builds software to ease these decisions by presenting solutions that bridge the gaps. HashiCorp's tools manage both physical machines and virtual machines, Windows, and Linux, SaaS and IaaS, etc. The co...
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
SYS-CON Events announced today that AIC, a leading provider of OEM/ODM server and storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. AIC is a leading provider of both standard OTS, off-the-shelf, and OEM/ODM server and storage solutions. With expert in-house design capabilities, validation, manufacturing and production, AIC's broad selection of products are highly flexible and are conf...
of cloud, colocation, managed services and disaster recovery solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. TierPoint, LLC, is a leading national provider of information technology and data center services, including cloud, colocation, disaster recovery and managed IT services, with corporate headquarters in St. Louis, MO. TierPoint was formed through the strategic combination of some of t...
“We are a managed services company. We have taken the key aspects of the cloud and the purposed data center and merged the two together and launched the Purposed Cloud about 18–24 months ago," explained Chetan Patwardhan, CEO of Stratogent, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today Sematext Group, Inc., a Brooklyn-based Performance Monitoring and Log Management solution provider, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), search analytics (S...
"Blue Box has been around for 10-11 years, and last year we launched Blue Box Cloud. We like the term 'Private Cloud as a Service' because we think that embodies what we are launching as a product - it's a managed hosted private cloud," explained Giles Frith, Vice President of Customer Operations at Blue Box, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps is a seismic change for organizations that offers great potential but comes with technical and cultural implications that can be difficult to navigate. In his session at DevOps Summit, Jeremy Steinert, DevOps Services Practice Lead at WSM International, will discuss best practices for successful DevOps deployments that create accountability, ensure secure access controls and create buy-in at all levels. He will include specific examples of successful DevOps deployments and the results a...
SYS-CON Events announced today that Stratoscale, the new data center operating system, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Based in Herzeliya, Israel, Stratoscale is redefining the data center, developing a hardware-agnostic, software platform hyper-converging compute, storage and networking across the rack or data center. The self-optimizing platform automatically distributes all physical...