The Portuguese company Codevision reinforced its position in the school management systems market in Brazil, through a company present in more than 800 Brazilian schools.
In a statement, the company underlines that “the acquisition of iScholar represents a strategic and decisive step in Codevision's growth and, mainly, in strengthening its positioning in the Brazilian market. For Codevision's CEO, Marco Coelho “the strategic step” represents “a priority objective in our international expansion process”.
According to Marco Coelho, the enthusiasm at Codevision with this purchase is also justified "by the potential for creating synergies between teams at a time of so many constraints posed by the covid-19 pandemic".
The acquisition “was extremely well received by the teams of the two companies, which they believe will reinforce skills, qualifications and resources, optimizing work dynamics and the sharing of know-how”, guarantees the CEO of Codevision.
The Portuguese company points out that "the purchase of iScholar confirms the strategy of growth and strengthening of the position in the international school management market that started with the recent entry of Alpac Capital in the capital of Codevision".
Codevision, from Braga, is a software company for the education and training sector, working with around 400 educational institutions through eSchooling. He has 13 years of experience and is present in eight countries - Portugal, Italy, Romania, Angola, Mozambique, Cape Verde, Brazil and Guinea-Bissau. With the expansion, Codevision will serve 1200 educational institutions and the software it develops will be used by more than 1 million users, including students, teachers and guardians.
IScholar was founded in 2006, operates in the technology of school management technology and is present in 200 cities in 25 Brazilian states.