M&A Deal Summary

Ellucian Acquires Tribal Group

On October 5, 2023, Ellucian acquired information technology company Tribal Group for 172M GBP

Acquisition Highlights
  • This is Ellucian’s 1st transaction in the Information Technology sector.
  • This is Ellucian’s 0th largest (disclosed) transaction.
  • This is Ellucian’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-10-05
Target Tribal Group
Sector Information Technology
Buyer(s) Ellucian
Deal Type Add-on Acquisition
Deal Value 172M GBP

Target

Tribal Group

Bristol, United Kingdom
website
Tribal Group is a provider of IT-based products and services to the international education, training and learning markets. Tribal Group was founded in 1999 and is based in Bristol, England.

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Buyer(S) 1

Buyer

Ellucian

Reston, Virginia, United States

website

Category Company
Founded 1968
Sector Education
DESCRIPTION

Ellucian is a higher education technology solutions provider. Ellucian’s products help colleges and universities manage their core administrative functions including enrollment, budget and financial planning, student information, human resources, strategic planning, and fundraising. Ellucian was founded in 1968 and is based in Reston, Virginia.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (United Kingdom) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 CampusLogic

Chandler, Arizona, United States

CampusLogic delivers SaaS technology that helps colleges and universities remove barriers in the financial aid process. The company currently helps nearly 800 schools increase enrollment, retention, and graduation rates with the most comprehensive platform of Student Financial Success products. CampusLogic was formed in 2011 and is based in Chandler, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-04 EduNav

Cupertino, California, United States

EduNav is a provider of higher education academic planning and student success tools. The data-driven platform empowers educational institutions and their students by streamlining course scheduling, optimizing graduation pathways and fostering collaboration between academic advisors and students. EduNav was founded in 2014 and is based in Cupertino, California.

Buy -
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