SANTA ANA, Calif., April 8, 2015 (GLOBE NEWSWIRE) -- Greenwood Hall Inc. (OTCQB:ELRN), a provider of technology-enabled student lifecycle management services that help colleges and universities increase revenue and improve student engagements and outcomes, today announced a strategic investment from Redwood Fund LP (Redwood Fund), a boutique investment fund that invests in publicly traded, small and micro-cap companies and private companies that expect to go public in the near future.
"We are delighted to announce Redwood Fund's strategic investment in Greenwood Hall," said Dr. John Hall, Ed.D, CEO of Greenwood Hall. "It is especially significant that a firm of this caliber and expertise recognizes the potential of our business model by becoming our first institutional investor. We are excited about our partnership with Redwood Fund and believe it will add significant value to Greenwood Hall."
"We are very pleased to add Greenwood Hall to our portfolio," said Michael Poutre, CEO of Redwood Fund. "The company meets our disciplined criteria for investment, including its status as a leading provider of student lifecycle management services, a demonstrated track record of success, an established client base and first mover advantage. We believe that John and his team have positioned Greenwood Hall for continued strong growth, and look forward to helping them reach their next milestone."
About Greenwood Hall
Greenwood Hall is a provider of technology-enabled student lifecycle management services that help colleges and universities increase revenue and improve student engagements and outcomes. Since 2006, Greenwood Hall has developed customized turnkey solutions that combine strategy, people, proven processes and robust technology, to help schools effectively and efficiently improve student outcomes, as well as increase revenues and expand into new marketing channels, such as online learning. Greenwood Hall has served more than 40 education clients and over 70 degree programs.
About Redwood Fund LP
Redwood Fund is a boutique investment fund that invests in publicly traded, small and micro-cap companies and private companies that expect to go public in the near future. The fund was created to help deserving companies find the financing and guidance that can be otherwise hard to find for OTC-listed companies. The fund takes an active role with its portfolio companies, helping to make them more efficient and effective. Redwood Fund seeks out solid management teams that demonstrate success in their endeavors and applies the fund's resources and acumen to help these companies achieve their next level of success.
For more information about the fund, visit http://www.redwoodfundlp.com.
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