Global Tech Industries Group Acquires Classroom Salon Holdings
December 18, 2021
Global Tech Industries Group, Inc. (GTII) executed a member unit purchase agreement to acquire 100% of Classroom Salon Holdings, LLC, the holding vehicle for Classroom Salon, LLC, an education-technology platform developed in partnership with Carnegie Mellon University. In consideration, GTII will issue 10,000,000 shares of its common stock; the acquisition aims to expand GTII's product offerings in educational software and learning analytics.
- Buyers
- Global Tech Industries Group, Inc.
- Targets
- Classroom Salon Holdings, LLC, Classroom Salon, LLC
- Industry
- Education
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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