Aug 1, 2011

Nick Ciarcia Joins ConnectEDU as Vice President of Corporate and Strategy Development

(Boston, MA) August 1, 2011 - ConnectEDU, (www.connectedu.com), the web-based leader in empowering learners to manage their education, launch their careers, and secure a more stable financial future, is pleased to announce the addition of Nick Ciarcia as Vice President of Corporate and Strategy Development. In this capacity, Nick will be responsible for ConnectEDU's corporate development pipeline, certain new business initiatives, and acquisition process and execution.

"We’re thrilled to have Nick join the ConnectEDU team," said Craig Powell, Chief Executive Officer, ConnectEDU. "Nick's transaction experience, as well as his academic background, will compliment and strengthen our already strong and active corporate and strategic development initiatives.”

Recently Nick was engaged in research at Harvard University for their Department of Economics. Prior to Harvard, Nick worked at MTS Health Partners on their advisory and investment teams. At MTS Health Partners Nick executed several public and private market equity investments. Subsequently, he joined a portfolio company, Loving Care Agency, where he led a number of acquisitions, in addition to operational and integration initiatives. Nick began his career in the Investment Banking Division of Citigroup where he worked in the Financial Institutions Group advising companies in the student loan sector and other specialty finance companies having completed several M&A and financing transactions.

"As a follower of ConnectEDU's growth since inception, I am enormously impressed by its mission, technology, team and success,” said Ciarcia. “I’m excited to join an innovative team dedicated to improving student pathways, as well as the broader team of investors, advisers, and partners equally supportive of the company’s mission."

Nick received a B.A. in Economics and Philosophy from Brown University.

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