Community Education Centers Get New Investors

The problem with CEC here in Colorado (Cheyenne Mountain in Colorado Springs) is that they aren't following the model that the original CEC put together, we have had several reports from inside the prison that it started out well, but has now reverted to nothing more than a medium security facility. As in all things, there needs to be a layer of accountability and more transparency if something like this is going to work and work well.

PHILADELPHIA--(BUSINESS WIRE)--LLR Partners Inc. (³LLR²) and Primus Capital Funds (³Primus²) announced the completion of a $53 million equity investment in Community Education Centers, Inc. (³CEC² or the ³Company²), one of the largest providers of treatment, education and reentry services for adult correctional populations. This investment will allow CEC to complete the acquisition of CiviGenics, Inc. ("CiviGenics"), a correctional services company providing offender treatment and jail management services, and finance the combined company¹s expansion plans.

CEC specializes in providing extensive substance abuse counseling and life skills training to adult offenders who are nearing the end of their incarceration or are currently active in work release programs. CEC offers secure, standardized solutions to government agencies beset with overcrowded public facilities and burgeoning prison populations. The Company differentiates itself in this highly fragmented industry by the superior quality of its proprietary treatment and education programs that help individuals successfully re-enter society with the necessary life skills to remain out of prison. CEC has conducted studies that have shown the re-arrest rates among individuals who have completed CEC¹s programs are 50 percent less than industry averages.

CiviGenics, the largest in-prison treatment provider in the U.S., offers a wide variety of treatment programs, including work release and employment preparation, substance abuse therapies and related rehabilitative programs, all of which complement and enhance CEC¹s service platform. CiviGenics currently operates over 100 treatment programs in more than 19 states. Like CEC, CiviGenics serves various government entities, including state departments of corrections, counties, parole/probation boards, drug courts, community correction boards and the Federal Bureau of Prisons.

Real Cost of Prisons