After establishing new leadership in the first half of FY24, HR Software-as-a-Service (SaaS) company Schrole Group (ASX: SCL) has almost closed an acquisition proposal from EdTech company TES Global. The Company has entered into a Scheme Implementation Deed with TES Aus Global, a subsidiary of TES Global Limited (TES). TES will acquire 100% of Schrole’s
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After implementing some strategic and leadership changes, human resources Software-as-a-Service (SaaS) provider Schrole Group (ASX: SCL) saw increased sales in November 2023 in its software and training divisions and ongoing improvement in software renewal rates. As per the Company, this marks its highest November sales, totaling $1.2 million, reflecting a 17% increase compared to the
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Human resources (HR) Software-as-a-Service (SaaS) provider Schrole (ASX: SCL) has had a better August than some, as its portfolio expanded beyond schools, appealing to mining companies looking to train new recruits. It’s no wonder then that Schrole Develop, its training division, has been doing well, with sales for August 2023 at $200,000, up 34% on
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