June 21, 2002
Collegis Plans $75-Million Stock Offering
Collegis, the company formerly known as CollegisEduprise, has announced that it will try to raise $75-million through an initial public offering of stock.
In doing so, it is defying a climate in which IPO's have all but dried up.
Collegis focuses on strategic consulting, technology management, and instructional-delivery services for higher education. The company's contracts are mainly with midsize metropolitan colleges and universities, many of them community colleges.
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