Market Overview

Symplicity Acquires Contratanet

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Leading global career services platforms merge to expand
world-class services to higher education institutions and employers in
Brazil

Symplicity Corporation, the global leader of student employability
solutions and an H.I.G. Capital portfolio company, has announced the
acquisition of Contratanet, the largest integrated network of career
portals for jobs and internships in Brazil. With the acquisition,
Symplicity strengthens its operations in the country, offering local
support and services and a more expansive employer network to
universities.

Symplicity has more than 20 years of experience in international
markets, partnering with institutions and employers to build
employability strategies for higher education students, and supporting
career offices and university departments. More than 1,300 universities
use its career service platform in more than 30 countries, including
Brazil. Through its partnership with Grupo A Educação, an educational
holding company with more than 40 years of experience in the Brazilian
market, Symplicity provides local services and support throughout the
country.

A market leader in career services technology in Brazil, Contratanet has
an active network of more than 1,000 universities, 150,000 employers and
more than 4 million candidates. Headquartered in Belo Horizonte (MG), it
offers a portal that connects educational institutions, companies and
candidates, bringing opportunities and students closer together, as well
as facilitating the dissemination and management of recruitment
processes.

"This acquisition will not only enhance and significantly expand our
global network of candidates and employers—it will also ensure that we
are supporting the unique needs of our university clients in Brazil,
with in-region client support and strategic services from two of the
most experienced career services providers in the industry," said
Matthew Small, Symplicity President and CEO.

"In Grupo A, we are always looking for innovative and efficient
educational solutions for our clients. The partnership with Symplicity
last year filled a fundamental gap in our portfolio regarding
employability and career building for higher education students. The
acquisition of Contratanet adds a solid local operation designed from
specific demands of the Brazilian market to Symplicity's expertise,"
said Rodrigo Madeira, Grupo A's New Business Manager. "Our biggest goal
as a company is to be the best partner for Brazilian universities. Today
we feel more complete and ready to help them prepare and refer their
students to the labor market."

According to Rodrigo Harlley, CEO and Founder of Contratanet, the
company's objective in merging with Symplicity is to offer Brazilian
students best practices in career development and employability
consistent with the best practices of top universities around the world.
"We believe that the current career vision must be global, and that
Brazilian educational institutions will have a stronger partner with
even more comprehensive solutions and the necessary expertise to deliver
the best employability services to their students and alumni."

"We are excited to bring onboard the valuable expertise of the
Contratanet team, reinforcing our market leadership in providing the
most expansive network of candidates and employers," said Small.

About Symplicity Corporation – The student employability company

Founded in 1997 and headquartered in Arlington, VA, Symplicity sells
SaaS-based student employability solutions to over 1,300 universities.
Hundreds of thousands of employers utilize the Company's on-campus
recruiting software to leverage the largest global higher education job
network and recruit students and alumni for entry-level jobs. For more
information, visit www.symplicity.com.

About Contratanet – Connections that transform lives

Contratanet is the largest integrated network of job portals for jobs
and internships in Brazil. Our technology connects higher education
institutions, companies, candidates and portal partners to bring
together quality opportunities and professionals. To learn more, visit https://www.contratanet.com.br/.

About Grupo A – With more than 40 years of excellence and
tradition, Grupo A brings together a large business portfolio focused on
the education universe, integrating content, technology and services.
Associated with international leaders in its segments, such as
Symplicity, Blackboard and McGraw-Hill, Grupo A is a source of highly
customized educational solutions for educational institutions, companies
and their audiences. For more information, visit www.grupoa.com.br/.

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative assets
investment firm with $25 billion of equity capital under management.*
Based in Miami, and with offices in New York, Boston, Chicago, Dallas,
Los Angeles, San Francisco, and Atlanta in the U.S., as well as
international affiliate offices in London, Hamburg, Madrid, Milan,
Paris, Bogotá, Rio de Janeiro and Mexico City, H.I.G. specializes in
providing both debt and equity capital to small and mid-sized companies,
utilizing a flexible and operationally focused/ value-added approach.
For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and
affiliates.

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