Vocation Limited (ASX:VET) has completed the sale of OzSoft Solutions Pty Ltd to SFO Enterprises and California Investments Pty Ltd for $4.5 million.
OzSoft is a market leader in education and training data management software in Australia and provides the VETtrak software to training organisations across Australia.
It is a non-core business for Vocation.
The company has now generated $85 million to $95 million in gross proceeds from the sale of four businesses with the sale of OzSoft marking the end of the process.
It will now focus on becoming the leading vocational education and training provider in Australia offering a balanced mix of Corporate fee for service and Direct government funded programs.
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