Divestiture • Software

Edcentric Acquires Campus Labs

On October 19, 2015, Edcentric acquired software company Campus Labs from Higher One Holdings for 91M USD

Acquisition Context
  • This is Edcentric’s 1st transaction in the Software sector.
  • This is Edcentric’s largest (disclosed) transaction.
  • This is Edcentric’s 1st transaction in the United States.
  • This is Edcentric’s 1st transaction in New York.
Investment Fate
  • Campus Labs was sold to a strategic buyer in 2020.

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M&A Deal Summary

Date October 19, 2015
Target Campus Labs
Sector Software
Buyer(s) Edcentric
Sellers(s) Higher One Holdings
Deal Type Divestiture
Deal Value 91M USD

Target Company

Campus Labs

Buffalo, New York, United States
Campus Labs is a provider of assessment tools for colleges and universities. Campus Labs provides a software platform for colleges and universities to make data-driven, strategic decisions ranging from accreditation to student retention to effective operations. Campus Labs was founded in 2001 and is based in Buffalo, New York.
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Buyer Overview 1

Buyer

Edcentric

Overland Park, Kansas, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

Edcentric is a SaaS provider of engagement, planning, assessment & compliance solutions to higher education institutions. Edcentric is based in Overland Park, Kansas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-07 Campus Labs

Buffalo, New York, United States

Campus Labs is a provider of assessment tools for colleges and universities. Campus Labs provides a software platform for colleges and universities to make data-driven, strategic decisions ranging from accreditation to student retention to effective operations. Campus Labs was founded in 2001 and is based in Buffalo, New York.

Sell -

Seller Profile 1

SELLER

Higher One Holdings

New Haven, Connecticut, United States

Category Company
Founded 2000
Sector Business Services
Employees1,300
Revenue 158M USD (2015)
DESCRIPTION

Higher One Holdings, Inc. is a provider of electronic financial disbursement and payment solutions for universities and their students that save the time and expense associated with handling financial aid refunds, on-campus and community purchases, payment collections, and more.


Deal Context for Seller #
Overall 1 of 2
Sector: Software 1 of 1
Type: Divestiture 1 of 2
State: New York 1 of 1
Country: United States 1 of 2
Year: 2015 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 PayDivvy - Social Bill Pay Software

Irvine, California, United States

PayDivvy Social Bill Pay Software provides a more effective way for college students to make person-to-person payments and manage the payment of bills with roommates or other groups.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-15 Higher One Holdings - Disbursements Business

United States

Higher One Holdings - Disbursements Business includes its proprietary Refund Management® Disbursement Service and the OneAccount. Refund Management® Disbursement Service streamlines the financial aid refund disbursement process for more than 800 college and university campuses across the U.S. and the OneAccount is an FDIC-insured checking account offered through Higher One’s bank partners to more than two million college students.

Sell $37M