ExamSoft is a great example of the operational and strategic value Teakwood delivers by working closely with a portfolio company team to jumpstart growth and achieve its true potential.
Dallas, TX (PRWEB) May 08, 2014
Teakwood Capital, a Dallas, Texas private equity firm, announced that it has successfully exited its ExamSoft investment. ExamSoft, headquartered in Dallas, is the marketplace leader in intelligent educational assessment solutions.
Teakwood Capital acquired the company along with ExamSoft’s leadership team. In the last 4.5 years, ExamSoft has made giant strides in creating real, measurable changes in student learning. Its customers include hundreds of prominent academic, certification, and licensing institutions. Its proprietary core technology supports a wide range of platforms, while allowing clients to customize assessment scope to their unique needs.
“Teakwood is proud of this investment and what ExamSoft’s talented management team has achieved. The team briskly grew revenues by expanding within its core markets while also developing new products to target large, adjacent markets,” said Shawn Kelly, Managing Director at Teakwood Capital. “ExamSoft is a great example of the operational and strategic value Teakwood delivers by working closely with a portfolio company team to jumpstart growth and achieve its true potential.”
MHT MidSpan acted as the exclusive financial advisor to ExamSoft in the transaction.
About Teakwood Capital
Teakwood Capital is a Dallas, Texas private equity firm that invests in technology-focused, profitable companies, with revenues below $25 million that are interested in accelerating growth with expansion capital and top-tier talent. The firm typically focuses on companies in Texas and neighboring states. The firm has deep, hands-on operating experience complemented with an Executive Partner team of successful ex-CXOs working closely with portfolio company management teams to create value through organic revenue growth, operational improvements, and sustainable intellectual property.
About ExamSoft Worldwide, Inc.
ExamSoft provides scalable and flexible intelligent assessment solutions that give educators actionable outcomes data and insights to help every student. Its software puts the data back in the hands of faculty and enables clients to more efficiently and practically administer direct assessments and analyze resulting data to improve curricular design, test design, and accreditation compliance. ExamSoft has served hundreds of prominent academic, certification, and licensing institutions for more than 15 years and has successfully administered millions of exams.
About MHT MidSpan, L.P.
MHT MidSpan is a leading national middle market investment bank focused on high-growth companies and industry leaders. The team at MHT MidSpan is exclusively focused on catering to companies with enterprise values ranging from $25 million to $500 million. With a tightly integrated combination of Wall Street, middle market and strategic consulting expertise, the team is uniquely qualified to serve the distinct advisory needs of companies across a range of industries, including: technology; business & information services; education; consumer/retail; healthcare, energy services and industrial growth.