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New Deal


Announced

Completed

Veritas Capital-backed Anthology completed the acquisition of foundation and matching software solutions from xRM.com.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Software

Single Bidder

Private

Majority

software services

Completed

United States

Domestic

Acquisition

Friendly

Synopsis

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Veritas Capital-backed Anthology, provider of proven higher education solutions that support the entire learner lifecycle, completed the acquisition of foundation and matching software solutions from xRM.com, a company engaged in customer relationship management. Financial terms were not disclosed. “This transaction is a great example of how we are executing our strategic vision to build upon Anthology’s current market leadership position in higher education CRM and engagement, specifically in the area of advancement. The addition of the Foundation and Matching solutions to our industry-leading alumni and donor engagement products will further our ability to transform how institutions create relevant constituent experiences and achieve consistent fundraising success," Jim Milton, Anthology CEO.

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