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Article: Piccolo Educational Systems Sells Division.
- Article from:
- PR Newswire
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Company Engages Leading Postsecondary Education Investment Banking Firm --
SCOTTSDALE, Ariz., Nov. 4 /PRNewswire-FirstCall/ -- Piccolo Educational Systems, Inc. (Other OTC: PEDU.PK), an online provider of postsecondary education services, today announced that it has completed the sale of its Piccolo International University (PIU) division, to FL-EX Holdings, Inc. Terms of the transaction were not disclosed.
Capstone Partners LLC, the investment banking firm that assisted Piccolo in the transaction, has also been retained by the company to secure growth capital and pursue strategic acquisition opportunities. Presently, Piccolo and Capstone are in ...
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