Capital Services Group Engaged by TeckChek, Inc. to Provide Strategic Advisory Services
SAN DIEGO, Calif. – July 4, 2016 – Capital Services Group, Inc. (“Capital Services Group”) today announced that it has been engaged by TeckChek, Inc., (“TeckChek” or the “Company”) a human capital management technology services company, to provide strategic financial advisory services including investment packaging and marketing support related to TeckChek’s direct public offering to accredited investors under Regulation D, Rule 506(c).
The offering will be made available to the general public, its customers and other interested parties, under direct solicitation rules outlined in the new Rule 506(c), which eliminates the prohibition against general solicitation and advertising in connection with offerings under Rules 506 and 144A under the Securities Act of 1933.
Thomas Carter, CEO of Capital Services Group, said that “TeckChek is a best-in-class, Software-as-a-Services platform for offering businesses skills assessment to better manage workforce resources. Workforce management is a critical aspect to competing in the market, and employees are an organization’s most important assets. They are a key source of long-term competitive advantage. TeckChek’s adaptive learning technology is a powerful solution for employers that we believe is the gold standard to workforce management. We are pleased to be working with TeckChek in support of its plan to capitalize its growth plan.”
Through its wholly-owned subsidiaries, TeckChek provides more than 450 businesses worldwide with a broad range of assessments for employee testing and pre-employment testing, including pre-hire assessments for employment screening, training assessments for pre-training and post-training testing and certification programs.
The Company’s assessment platform provides ‘best-in-class’ insight into test takers’ performance which provides organizations with the detailed, comprehensive and accurate analysis necessary to maximizing workforce management. The majority of skills assessment solutions in the market today are linear, proving results for a single, overall percentage or score. With the Company’s proprietary adoptive test algorithms, TeckChek’s Proficiency Profile is a comprehensive analysis of the individual’s knowledge.
TeckChek’s competitive advantages include its adaptive testing methodology, its unique and comprehensive library of content, prompt reporting and analysis, flexibility to customize unique client requests, ease of use and cost-effective results.
The Company’s clients include: Citigroup, Global Markets Hays, HSBC Group, Manpower / Elan, Fiserv, Barclays Bank, Macquarie Bank, Tata Consulting Services, HCL Technologies, Walmart, Randstad Technologies, Morgan Stanley, MindTree, South Africa Post Office, Standard Bank, UNICEF, Thomson Reuters, Inflow and AssetHealth.
Jordan Spiegel, CEO and Co-Chairman of TeckChek, said that “We have a proven business and market-leading skills assessment technology and product line, and believe the opportunity to scale our business is tremendous, given broader trends in the burgeoning human capital management market. We are raising growth capital which will enable us to accelerate our business plan by expanding our team and increasing our sales and marketing efforts in key markets. We look forward to working with Capital Services Group in our effort to secure growth capital to execute our plan.”
Forward Looking Statements
Certain of the statements included in this press release, which express a belief, expectation or intention, as well as those regarding future financial performance or results, or which are not historical facts, are “forward- looking” statements as that term is defined in the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The words “expect”, “plan”, “believe”, “anticipate”, “project”, “estimate”, and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance or events and such statements involve a number of risks, uncertainties and assumptions, including but not limited to industry conditions, regulatory changes, general economic conditions, interest rates, competition, and other factors. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
About TeckChek, Inc.
Through its operating subsidiaries, the Company provides a broad range of assessments for employment screening, training assessments for pre-training and post-training testing and certification programs. The Company’s online or proctored assessments include knowledge measurement tests, skill tests, attitude tests and aptitude tests. The Company has offices in the United States, South Africa, Australia and London. For more information go to www.ikmnet.com.
About Capital Services Group
Based in San Diego, California, Capital Services Group was formed to provide emerging growth companies with resources and support to more efficiently access growth capital and investor support, including investment packaging, direct public offering, shareholder communications and an online investor marketplace.
Capital Services Group, Inc.