An affiliate of private equity firm Veritas Capital (Veritas) is to acquire Campus Management Acquisition Corp (Campus Management”) and Edcentric Holdings (Edcentric) from Leeds Equity Partners (Leeds Equity).Leeds Equity will continue as an investor in both companies in partnership with Veritas.
Campus Management is a global provider of cloud-based student information systems (SIS), customer relationship management (CRM) and enterprise resource planning (ERP) solutions for more than 1,100 colleges and universities in over 30 countries. Edcentric is a leading SaaS platform providing data-driven solutions around student and alumni engagement, retention, and compliance to help over 1,400 higher education institutions make strategic decisions.
“With differentiated platforms providing mission-critical software solutions, Campus Management and Edcentric are uniquely positioned to help higher education institutions increase operational efficiency, promote student success, and improve overall institutional effectiveness,” says Ramzi Musallam, CEO and Managing Partner of Veritas Capital. “We look forward to working in partnership with Leeds Equity and the management teams at Campus Management and Edcentric to support their long-term growth and continued development.”
“Leeds Equity is committed to supporting Edcentric and Campus Management as they continue to invest in solutions that help to transform institutions across academic delivery, constituent engagement and overall operations,” says Jacques Galante, Partner at Leeds Equity. “As we enter this next chapter of continued expansion for both companies, we are excited to leverage our two decades’ worth of experience in higher education to pursue new growth opportunities in partnership with Veritas Capital, a firm with whom we have a shared vision for long-term investment and innovation.”
