Pamlico portfolio company HelioCampus acquires ABC Insights
Pamlico portfolio company HelioCampus, a technology-enabled services company that provides colleges and universities with the decision support services they need to operate more strategically and sustainably, has acquired ABC Insights, a higher education benchmarking consortium that helps its members better understand their administrative spend levels and compare to peer institutions to direct and shape financial decision making.
The acquisition bolsters HelioCampus’ ability to help higher education improve institutional health across academic and administrative functions with benchmarking, data analytics and decision support.
“In addition to sharing similar campus origins at the University System of Maryland and the University of North Carolina at Chapel Hill, respectively, HelioCampus and ABC Insights share a commitment to helping institutions operate more strategically,” says HelioCampus CEO, Darren Catalano. “Together, we aspire to become the most trusted source and advisor to higher education by helping them leverage their data to accelerate their path to financial sustainability.”
HelioCampus provides strategic decision support and insights for institutions to grow resources, maximise returns of academic programs and optimise administrative spend. T
"A dedication to improving the financial sustainability of higher education by helping universities be more efficient and effective is in the DNA of both of our organisations and makes us a perfect match," says Steven Beisser, President and Chief Operating Officer of ABC Insights. "By joining the HelioCampus family, we are able to dramatically increase the ways we support universities today through the combination of our complementary services and tomorrow as we work together to develop additional offerings."
HelioCampus plans to expand its capabilities and core offerings from a client service, product development and technical standpoint, with no interruption to current services and support being provided to clients of either company. The HelioCampus headquarters will remain in Bethesda, Maryland, with plans to grow its footprint in Chapel Hill, North Carolina. Darren Catalano will continue to lead the combined company as CEO. ABC Insights’ co-founders will be assuming new leadership roles at HelioCampus: Steven Beisser will serve as VP of Operations, Paul Friga as VP of Strategy and Joe Rice as VP of Technology.