UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________
Form
8-K/A
___________________
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF
1934
DATE
OF REPORT (DATE OF EARLIEST EVENT REPORTED): April 20, 2009 / January 20,
2009
___________________
Lincoln
Educational Services Corporation
(Exact
Name of Registrant as Specified in Charter)
___________________
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New
Jersey
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000-51371
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57-1150621
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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200
Executive Drive, Suite 340
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07052
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West
Orange, New Jersey 07052
(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s telephone number,
including area code: (973) 736-9340
Not
Applicable
(Former name or former address, if
changed since last report)
___________________
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
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o
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Written communications pursuant
to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
2.01
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Completion of
Acquisition or Disposition of
Assets
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On
January 26, 2009, Lincoln Educational Services Corporation (the “Company”) filed
a Current Report on Form 8-K announcing, among other things, that the Company,
through its wholly owned subsidiary Lincoln Technical Institute, Inc. (“LTI”)
and LTI’s wholly owned subsidiary NN Acquisition LLC, entered into a stock
purchase agreement with Brad Baran, UGP Education Partners, LLC, Merion
Investment Partners, L.P and, for certain limited purposes only, UGPE
Partners Inc., to purchase all of the outstanding shares of Hospitality
Acquisition Corporation (“Clemens”) for $3 million in cash, subject to certain
adjustments on and after the date of the agreement.
On April
20, 2009, the Company completed the acquisition of Clemens, for an adjusted
purchase price of approximately $2.8 million in cash, subject to further
customary post closing adjustments.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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LINCOLN
EDUCATIONAL SERVICES CORPORATION
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Date: April
24, 2009
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By:
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/s/ Cesar Ribeiro
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Name:
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Cesar
Ribeiro
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Title:
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Senior
Vice President, Chief Financial
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Officer
and
Treasurer
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