The acquisition continues to build out
Campus Management’s solution portfolio, making it the largest and best-in-class
higher education Constituent Relationship Management (CRM) provider. The
company now includes the approximately 100-person, dedicated team of CRM and
application management experts from Hobsons who will continue to design,
develop, implement, and support these solutions at Campus Management.
“As we continue to evolve our Campus Nexus
engagement platform, fostering communications and relationships throughout the
student lifecycle, we look to constantly improve upon what we offer to the
market,” said Campus Management CEO Jim Milton. “The CRM and application
management products add to our already strong Campus Nexus suite to achieve
that goal, and the addition of the very talented Hobsons team members
reinforces our mission to deliver the higher education platform and services
that enable institutions to transform their academic delivery, student success,
and operational efficiency, on their terms.”
Hobsons is well known for its leading K-12
college and career readiness platform Naviance, its student-college matching
platform Intersect, and its higher education student success and analytics
platform Starfish, and plans to concentrate on that core business moving
forward.
“As Hobsons looks to the future, we want to
focus our portfolio and continue to build upon our leadership position in
Naviance, Intersect, and Starfish -- business lines where we have the greatest
opportunity to continue to grow, always with the aim of helping K-12 schools
and districts and higher education institutions advance their student success
goals,” said Hobsons CEO Kate Cassino. “We’re pleased that with Campus
Management, we have found a buyer that is well-positioned to invest in the
future of our CRM and application management products and committed to serving
the customers using them. We are also happy that our colleagues working in
these product lines will transition to a great home at Campus Management.”
JEGI , a New York
City-headquartered investment bank specializing in the global media,
information, marketing, software and tech-enabled services sectors, was lead
advisor to DMGT's Hobsons Admissions. Tyton Partners co-advised on the
transaction.
About Campus Management Corp.
Campus Management is a leading provider of
cloud solutions and services that transform higher education institutions. Its
next-generation suite, CampusNexus, includes enterprise-wide Student, CRM, and
Finance, HR & Payroll solutions. Today, more than 2,000 campuses in 20
countries partner with Campus Management to transform academic delivery,
student success and operational efficiency.
About Hobsons
Hobsons helps students identify their
strengths and interests, explore colleges and careers, create academic plans,
match to best-fit educational opportunities, and succeed in reaching their
education and life goals. Through our solutions, Naviance, Intersect, and
Starfish, we enable thousands of K-12 schools and districts and higher education
institutions to improve college and career planning, college admissions, and
student success and advising, helping millions of students around the
globe.
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