Jul 07, 2020
Veritas Capital and Leeds Equity Partners, two leading private investment firms, announced the combination of education technology leaders Campus Management, Campus Labs, and iModules. Rebranded Anthology, the new company will help transform the higher education marketplace by connecting colleges and universities with real-time, cross-departmental data to drive actionable insights that advance institutional missions.
Anthology’s combined technology footprint in higher education includes more than 2,100 unique institutions in over 30 countries with 14 cloud-based solutions that support the entire student lifecycle. Anthology has nearly 1,400 employees worldwide and will be led by Chief Executive Officer Jim Milton. The company is headquartered in Boca Raton, FL, with offices globally in Buffalo, NY; Kansas City, MO; Bangalore, India; London, UK; and São Paulo, Brazil.
“Anthology is harnessing the collective power of three industry leaders encompassing data-driven technology, decades of higher education expertise and innovation-focused leadership to deliver a transformative data experience for institutions,” said Jim Milton, CEO of Anthology.
“I’m grateful to be leading Anthology in the development of industry-first solutions that will help institutions unify their data, improve student engagement, enhance operational efficiencies and propel online giving in support of their communities and unique missions.”
Anthology’s innovative solutions are designed leveraging Microsoft technology, including Microsoft Azure, Microsoft Office 365, and Microsoft Dynamics 365. Anthology will deliver innovative solutions in four key areas:
“The creation of a new company that will enhance an institution’s access to data, analytics, and insights and will continue to accelerate the evolution of the technology landscape in higher education is welcomed and needed,” said Anthony Salcito, Vice President of Worldwide Education, Microsoft. “Our pre-existing relationships with the companies who combined to create Anthology will only get stronger with the innovations and opportunities we have to grow together.”
“Going forward, Anthology will be best positioned to provide end-to-end software solutions and rich data insights to help each higher education institution execute its unique mission and vision,” said Ramzi Musallam, CEO and Managing Partner of Veritas. “We recognize these industry leaders are incredibly complementary platforms with a shared commitment to student success.”
“In working with Jim Milton for the past five years, and other members of the leadership teams at Campus Management, Campus Labs, and iModules, I know that Anthology is going to be a culturally rich company that embraces innovation and dares to disrupt the status quo. Leeds Equity is looking forward to working in concert with management and Veritas to drive and support Anthology in its mission to promote change and improve institutional effectiveness in higher education,” said Jacques Galante, Partner at Leeds Equity.
Veritas is a leading private investment firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide, including those operating in the healthcare, aerospace & defense, software, national security, communications, energy, government services and education industries. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means. For more information on Veritas, visit www.veritascapital.com.
Leeds Equity Partners, is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information services industries (the "Knowledge Industries"). The firm was founded in 1993 and currently manages $2.5 billion of capital across a broad spectrum of companies within the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies.
For additional information on Leeds Equity, see www.leedsequity.com.
Anthology exists to help higher education advance and thrive. Through a connected data experience that offers a holistic view, creates efficiencies, and provides intelligence, Anthology inspires constituents to reach their full potential using technology insights in admission and enrollment management; student success and retention; institutional and learning effectiveness; alumni and advancement; and enterprise applications and infrastructure. Anthology partners with more than 2,100 colleges and institutions in over 30 countries to address the needs of all constituents in higher education. For additional information about Anthology, visit www.anthologyinc.com.