M&A Deal Summary

Ruffalo Noel Levitz Acquires Converge Consulting

On May 2, 2019, Ruffalo Noel Levitz acquired marketing company Converge Consulting

Acquisition Highlights
  • This is Ruffalo Noel Levitz’s 1st transaction in the Marketing sector.
  • This is Ruffalo Noel Levitz’s 2nd transaction in the United States.
  • This is Ruffalo Noel Levitz’s 2nd transaction in Iowa.

M&A Deal Summary
Date 2019-05-02
Target Converge Consulting
Sector Marketing
Buyer(s) Ruffalo Noel Levitz
Deal Type Add-on Acquisition

Target

Converge Consulting

Cedar Rapids, Iowa, United States
Converge Consulting is a digital marketing firm leveraging data-driven digital marketing practices to connect the next generation of learners with best-fit institutions and programs, developing sound strategy and translating it into campaigns that deliver ROI. Converge has worked with 100 institutions and more than 300 programs for digital advertising, content and communications, data analytics and reporting, website strategy and optimization, and strategic consulting. They offer experience in education, experience in digital, and experience with inbound. Converge Consulting was formed in 2011 and is based in Cedar Rapids, Iowa.

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Buyer(S) 1

Buyer

Ruffalo Noel Levitz

Cedar Rapids, Iowa, United States
Category Company
Founded 1991
Sector Software
DESCRIPTION

Ruffalo Noel Levitz is a provider of fundraising, membership and enrollment management services and software for institutions of higher education and high-affinity nonprofit organizations. Ruffalo Noel Levitz was founded in 1991 and is based in Cedar Rapids, Iowa.

DEAL STATS #
Overall 2 of 4
Sector (Marketing) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Iowa) 2 of 2
Country (United States) 2 of 4
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-21 Noel-Levitz

Coralville, Iowa, United States

Noel-Levitz provides enrollment, retention and financial aid services and products to over 1,000 nonprofit colleges and universities. Since its founding 40 years ago, the company has served over 2,800 institutions and is a thought leader in higher education services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 QuadWrangle

Boston, Massachusetts, United States

QuadWrangle, Inc. is an AI-Powered Engagement Management System designed specifically for higher education. QuadWrangle delivers completely personalized news, appeals, invites, community connections, and more through its comprehensive website management, community mobile apps, and email marketing solutions. QuadWrangle, Inc. was founded in 2011 and is based in Boston, Massachusetts.

Buy -
Mergr

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