M&A Deal Summary

Modern Campus Acquires nuCloud

On March 23, 2021, Modern Campus acquired internet software and services company nuCloud

Acquisition Highlights
  • This is Modern Campus’ 2nd transaction in the Internet Software and Services sector.
  • This is Modern Campus’ 2nd transaction in the United States.
  • This is Modern Campus’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-03-23
Target nuCloud
Sector Internet Software and Services
Buyer(s) Modern Campus
Deal Type Add-on Acquisition

Target

nuCloud

Simpsonville, South Carolina, United States
Founded in 2008, nuCloud provides a software-as-a-service (SaaS)-based application that enables higher education institutions to build rich, eye-catching interactive maps and virtual tours that make it easy for students to experience the campus of their choice in a unique way.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Modern Campus

Camarillo, California, United States
Category Company
Founded 1995
Sector Internet Software and Services
DESCRIPTION

Modern Campus is a student lifecycle management solution provider driving Omni CMS and Destiny One, which empowers higher education institutions to thrive when radical change is required to successfully respond to lower student enrollments and revenue, rising costs, crushing student debt, and even school closures. Powered by the industry’s leading “student first” modern learner engagement platform, presidents and provosts can create pathways for lifelong learning, while marketing and IT leaders can deliver Amazon-like personalization and instant fulfillment. Modern Campus was founded in 1995 and is based in Camarillo, California.

DEAL STATS #
Overall 2 of 6
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 1 of 5
State (South Carolina) 1 of 1
Country (United States) 2 of 6
Year (2021) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 OmniUpdate

Camarillo, California, United States

OmniUpdate is a student lifecycle management solution provider for continuing education and other non-traditional higher education students. OmniUpdate’s OU Campus® CMS is the easiest to use with features and modules designed to meet higher ed’s unique needs. OmniUpdate was founded in 1982 and is based in Camarillo, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 Digarc

Lakeland, Florida, United States

Digarc is a provider of cloud-based software that enables higher education institutions to more efficiently manage their online course catalog and streamline their curriculum design process. Digarc offers two primary software solutions to higher education institutions: Acalog and Curriculog. Acalog is a highly configurable, interactive online course catalog for use by registrars and administrators. Digarc was founded in 2001 and is based in Lakeland, Florida.

Buy -
Mergr

Product

Company

Legal