Acquiring Company
Ellucian
Acquired Company
CAMPUSLOGIC, INC.
Description
Ellucian, a leading higher education technology solutions provider for more than 2,700 institutions around the world, today announced it has signed a definitive agreement to acquire CampusLogic, a leading Ed-Tech provider of Student Financial Success solutions supporting nearly 800 higher education institutions and improving the outcomes of more than five million students. CampusLogic capabilities help students achieve greater levels of success by eliminating the friction associated with applying for financial aid while opening up opportunities to discover broader financial support in the form of grants, scholarships, and other forms of funding.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed