Former Ivy Tech Community College President Tom Snyder and at least four former ITT Educational Services officials have banded together to start an education-services company, an operation that says it has “a primary focus to increase access to post-secondary education.”
Westfield-based Lavoro Education Services was established in September 2016, according to state business filings. It’s in the middle of raising $1.4 million in equity financing and so far has scooped up more than $1 million from seven investors, securities records show.
Snyder is the highest-profile member of the startup’s team, having spent a decade as president of the 175,000-student community college. The 73-year-old, who retired from Ivy Tech in July 2016, is Lavoro’s chairman and chief development officer.
The four other leaders listed on the company’s website each spent at least seven years at Carmel-based ITT, a for-profit provider of technical education that closed all 136 of its campuses nationwide in September following a raft of federal sanctions. The bio for Chief Marketing Officer Jill Minnick is the only one of the four that references ITT by name. She was the company’s former senior vice president of marketing.