ExamSoft Receives Private Equity Investment from Teakwood Capital


ExamSoft, a Deerfield Beach, FL-based provider of exam administration and test creation software, has received a “control” investment from private equity firm Teakwood Capital.

The management of the company and Gemini Investors also provided funding for the transaction.

ExamSoft offers test administrators from prominent academic, certification, and licensing institutions, a solution to administer exams, using computer-based technology.

Commenting on the deal, Daniel Muzquiz, CEO of ExamSoft, said that “Teakwood is a strong strategic partner with deep expertise and is helping ExamSoft achieve its long-term objective, to drive innovation and improvement in academic and professional certification testing”.

FinSMEs

16/06/2010

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