ComVest Signs $16.8 Million Definitive Financing Agreement With EVCI Career Colleges Holding Corp.
WEST PALM BEACH, FL–Apr 25, 2007 — ComVest Group Holdings, LLC announced today that it has entered into a definitive agreement with EVCI Career Colleges Holding Corp. (NasdaqCM:EVCI – News) and participating management of EVCI that will provide gross proceeds to EVCI of $10,100,000 and the ability to secure letters of credit of up to