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New Deal


Announced

Completed

The Riverside Company-backed Modern Campus completed the acquisition of Augusoft.

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

Private Equity

Completed

Single Bidder

United States

Friendly

Software

Majority

Acquisition

software developer

Domestic

Synopsis

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The Riverside Company-backed Modern Campus, an engagement platform for higher education institutions, completed the acquisition of Augusoft, a software developer. Financial terms were not disclosed. “We fiercely believe that the future of higher education is lifelong learning, and at the core of Modern Campus is a belief that every human can be a lifelong learner. With Augusoft alongside Destiny One, we’re furthering our mission to empower customers to engage modern learners for life. And at the same time, we’re creating a wider range of choices for higher education institutions to deliver on their lifelong learning missions," Brian Kibby, Modern Campus CEO.

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