Ellucian, a Reston software company in the ed-tech sphere, has announced plans to buy CampusLogic, one of Arizona’s most high-profile startups.
CampusLogic currently employs more than 150 people and makes financial aid software for higher-education institutions. The company works with nearly 800 schools to help students navigate the tangled web of scholarships, grants and other funding options. In 2021, the company helped connect more than 856,000 students to $8.46 million in scholarship funds.
Terms of the deal are undisclosed.
It is set to live under the umbrella of Ellucian, a higher education software-as-a-service company whose offerings work to manage everything from student recruitment and workforce analytics to alumni engagement. This marks Ellucian’s first purchase since it itself was sold to Blackstone and Vista Equity Partners in September by its former private equity owners, TPG Capital and Leonard Green & Partners LP.
Ellucian, led by CEO Laura Ipsen, already offers its…
Read the full story from the Washington Business Journal.
