BETHESDA, MD – February 2019– Chessiecap Securities, Inc. (“Chessiecap”) is pleased to announce that it served as the exclusive financial advisor to Global Teletherapy, LLC in its recent recapitalization transaction with Graham Software Development (“GSD”).
Headquartered in Pikesville, MD, Global Teletherapy is a leading matching and referral service between K-12 schools and online therapists who provide speech therapy, occupational therapy and behavioral health services via the internet. Founded in 2014, Global Teletherapy has expanded substantially to meet the growing demand for these services in the education market. By partnering with GSD, the company expects to continue its rapid expansion with improved access to financial resources, technological expertise and operations savvy.
GSD is part of The Graham Group, a collection of five independent investment firms that collectively manage billions of dollars in private capital across several dozen companies in a variety of industries ranging from industrial technologies to advanced manufacturing to software development, education and sports. Based in Wayne, PA, GSD concentrates its investments in growing technology companies, partnering with existing management to build growing, sustainable businesses for the long-term. For more information about GSD, please contact Justin Head at (310) 928-6848 or visit their website at www.grahamsoftware.com.
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About Chessiecap Securities Inc.
Founded in 2003, Chessiecap Securities, Inc. is a financial services company based in Bethesda, MD., providing investment banking services to emerging growth and technology firms throughout the United States with a focus on industries that predominate the Mid-Atlantic region. These industries include education, national security and cybersecurity, communications, international development, and specialized software and systems for real estate, cloud applications, and more. To learn more about this transaction, please contact Bill Bavin at (703) 879-3210 or Doug Schmidtat (410) 952-2789. To learn more about Chessiecap, please visit the firm’s website at www.chessiecap.com.