Schrole (ASX: SCL)

Over $2m recently raised in private placements for Schrole, aiding strategy acceleration and expansion.

Henslow has been Schrole’s lead broker on three secondary market placements, helping with international expansion and growth. Schrole’s latest integration partnership represents a critical step in the company’s ongoing strategy.

A transformation of the education sector through constant innovation and technology.

Schrole is an Australian company that delivers innovative, software and training service solutions within the education sector. Schrole combined modernism and passion across four divisions: ISS Schrole Advantage, an integrated vacancy management system enabling schools to streamline teacher recruitment & candidate management activities; Schrole Cover, an application that helps to fill vacancies for schools, hospitality, and hospitals; Schrole Verify, a simplified & customised background screening solution; & Schrole ETAS provides customised training solutions to the education and resources industries.

The Highlights

  • +$4m

    total raised via private placement

  • $2.9m

    raised via convertible note from strategic investor

A transformation of the education sector through constant innovation and technology

Henslow has acted as Schrole’s corporate broking advisor since early 2019. We have continued to support Schrole through advice, securing working capital and funding to aid their expansion strategy.

This capital raise represents the beginning of an exciting new chapter for the business and one that will enable Schrole to expand the sale of our software as a service platform to drive growth.

Rob Graham, Managing Director of Schrole