Brentwood Associates Announces Partnership with Davin Cushman to form Brightrose Software

Brentwood Associates (“Brentwood”) announces the commitment of up to $100 million of equity capital for the creation of Brightrose Software (“Brightrose”) to acquire and operate successful mid-market and enterprise software businesses. Brightrose will focus on companies with a track record of product success and long-term customer relationships. Brightrose is formed in partnership with software executive…

Texas Education Agency Selects ClassWallet to Manage New Supplementary Special Education Services Program for Families of Students with Cognitive Disabilities Impacted by COVID-19

The Texas Education Agency (TEA) has selected Miami-based ClassWallet and its FamilyWallet product to manage its new Supplementary Special Education Services (SSES) program for families of students with significant cognitive disabilities and impacted by COVID-19 schooling disruptions. Under the program, established with $30 million in funds by Texas Governor Greg Abbott and the TEA, nearly 59,000 qualified students statewide are eligible to receive a…