Bethesda, MD – March 3, 2015. Chessiecap Securities, Inc. (“Chessiecap”) announced that it advised ClassLink, Inc. (“ClassLink”) on the sale of its ClassMate student information system business to Harris School Solutions, Inc. (“Harris”). Terms of the transaction were not announced.
ClassMate is a specialized student information system designed specifically to meet the student data needs of non-traditional students. Founded in 1996 and focused on the Mid-Atlantic market, ClassMate has built a highly developed student administration and curriculum management solution to serve students in Career and Technical Education, Adult Education, Alternative Education and Special Education organizations. In addition to standard student information system features, ClassMate has a robust functionality specific to these unique school programs and is a leader in providing a cloud-hosted integrated solution. As part of Harris, ClassMate will anchor Harris’ new Specialized Student Solutions group, providing enhanced software solutions to these segments of the market.
Harris School Solutions is a leading provider of integrated information systems for the public K-12 school market throughout North America. As a business unit of N. Harris Computer Corporation, the company has grown through the acquisition of regionalized and specialized flagship K-12 products that offer comprehensive software solutions serving the financial, nutritional and student information needs of its clients. N. Harris Computer Corporation is a wholly owned subsidiary of Constellation Software Inc. (Toronto: CSU.TO), an international provider of market leading software and services to a select number of industries, both in the public and private sectors.
About Chessiecap Securities
Chessiecap Securities, Inc. creates investment banking solutions for growth and technology companies throughout the U.S with a focus in the Mid-Atlantic region. We strive to achieve value and wealth for founders, investors and executives through Mergers & Acquisitions, Private Placements, and Corporate Finance/Development Services. Chessiecap Securities served as the exclusive financial advisor to ClassLink, Inc. To learn more about this transaction, please contact partner Bill Bavin at (703) 879-3210 or firstname.lastname@example.org.