Frontline Education | October 06, 2022
Thoma Bravo, a leading software investment firm, today announced the completion of its sale of Frontline Education, a leading provider of administration software purpose-built for educators in K-12, to Roper Technologies, Inc. (NYSE: ROP) in an all-cash transaction that values Frontline at approximately $3.725 billion. Frontline, which offers solutions for human capital management, student and special programs, and business operations with powerful analytics to increase productivity and improve overall performance for K-12 administrators, has been a trusted partner to K-12 leaders across all 50 states for decades.
"We are grateful to Thoma Bravo for their invaluable partnership over the last five years which has allowed us to further expand the use of our critical solutions by educators across the country,As part of Roper, we are excited to bring enhanced innovation and value to our clients in alignment with our mission to empower K-12 schools with the technology capabilities they need to succeed."
Mark Gruzin, Chief Executive Officer of Frontline Education
We are extremely proud of our partnership with Frontline and what we have been able to achieve together," said Holden Spaht, a Managing Partner at Thoma Bravo. Applying our deep sector expertise, we worked with Mark and the Frontline team to make strategic acquisitions, increase revenue and expand product offerings and headcount in order to drive sustainable long-term growth. We look forward to following Frontline's continued success with Roper as their partner. J.P. Morgan Securities LLC, Jefferies LLC and Macquarie Capital served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Frontline Education. Cooley LLP also served as legal advisor to Frontline Education.
About Thoma Bravo
Thoma Bravo is one of the largest private equity firms in the world, with more than $122 billion in assets under management as of June 30, 2022. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired or invested in more than 400 companies representing over $220 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco.
Emerge Education | July 11, 2022
Emerge Education, one of the nation's premier marketing and recruiting firms for higher-educational institutions, recently launched a STEM-designated Master of Science in Digital Marketing Analytics and a STEM-designated Master of Science in Human Resources Analytics for long-time client and partner Montclair State University. The two online programs were created in response to an increased demand by employers to hire professionals with these unique skills and will be offered to students beginning in the fall of 2022.
"Emerge Education is proud of our strong working relationship with the Feliciano School of Business at Montclair State University, We know the struggle for higher-ed institutions to develop and maintain their online presence, as well as create robust programs that are relevant in today's business world. Together over the past six years, we have implemented nationally recognized online graduate business degrees that continue to meet the ever-growing needs of an evolving workplace across a multitude of industries. It's exciting to be a part of this dynamic partnership."
-Emerge Education CEO James M. Hunter, PhD
MS in Human Resources Analytics
Despite being a relatively new discipline, Human Resources Analytics is growing at an extraordinary rate and is quickly becoming an essential competency for Human Resources professionals. The STEM-designated Master of Science in Human Resources Analytics program is designed to meet the needs of organizations for optimized talent acquisition, benefits management, and leadership development and fuses HR principles with data analysis to provide students with up-to-date, functional HR knowledge and modern tools to solve problems and make informed decisions. The program is composed of two stackable certificates, in HR Management and Business Analytics, and culminates in two capstone courses in Human Resources Analytics, including a practicum experience.
"Montclair State University recognizes that it's a universal challenge for busy professionals to balance work, family, and personal goals,Together with Emerge Education, we have been able to offer an innovative online MBA program with seven concentrations, as well as these newest Analytics graduate degrees, to empower students to compete and succeed in today's fast-paced business environment"
-Elizabeth Rosini, Associate Dean, Montclair State University Feliciano School of Business
MS in Digital Marketing Analytics
Over the past decade, digital marketing has become fully integrated with business analytics practices and mastery of both is key to advancing digital marketing careers and strengthening business strategy. The STEM-designated Master of Science in Digital Marketing Analytics program is designed to combine cutting-edge digital marketing and business analytics fundamentals with real-world skills and experiences to prepare marketing professionals to meet current and future demands on both a local and global scale. The program offers a fully online, uniquely balanced learning experience, with desirable professional certifications built into the curriculum.
Emerge Education, LLC.
Emerge Education is one of the nation's leading marketing and recruiting firms for higher-educational institutions. The Emerge Education team combines decades of higher education experience and strives to always maintain the integrity and quality of its partners' academic reputation and brand. The firm works with its partners by investing its own capital and service resources to support lead generation, marketing, and recruiting, allowing its partners to focus on what they do best: educating students. For more information about Emerge Education and its innovative approach visit www.emergeedu.com.
Montclair State University
Building on a distinguished history dating back to 1908, Montclair State University is a leading institution of higher education in New Jersey. Designated a Research Doctoral University by the Carnegie Classification of Institutions of Higher Education, the University's nine colleges and schools serve more than 20,000 undergraduate and graduate students with more than 300 doctoral, master's, and baccalaureate level programs. Situated on a beautiful, 252-acre suburban campus just 14 miles from New York City, Montclair State delivers the instructional and research resources of a large public university in a supportive, sophisticated, and diverse academic environment. For more information about Montclair State University's online MBA programs, visit https://business.montclair.edu/programs/graduate-programs/online-mba.
Intellum | July 29, 2022
Intellum, the leader in EdTech for Business, today announced Community, the third component in the Intellum social learning suite and the first in-platform community experience built specifically for corporate education initiatives.
Intellum offers all of the features and functionality associated with an LMS and an LXP and is the only education solution to include content authoring, live event management, and social learning in a single platform. The introduction of Community rounds out Intellum's social learning suite, which also includes group activity streams and both one-to-one and group chat to help organizations engage and educate users through social learning.
Social learning research shows that employees learn largely through observing and imitating the behavior modeled by experienced and successful co-workers and peers. Intellum's new Community offering provides learners with a dedicated space to search for answers, identify experts, and demonstrate their own expertise by asking and responding to questions and voting on the answers associated with concepts and topics of interest.
This empowers learners to do two distinct things: quickly and easily find "just-in-time" answers to pressing questions and author "user-generated content" that is meaningful and increases the learner's visibility among her/his peers.
Because Community lives within the Intellum Platform as part of the broader social experience, administrators can easily embed communities directly into learning initiatives, encouraging users to present questions to a specific group of peers while consuming the curriculum. This presents a compelling reason for learners to stay engaged and to come back to the learning environment more frequently.
"We have been helping clients drive significant learner engagement for years by allowing users to comment on learning content and support each other through cohort-focused activity streams and group chat experiences. But over time we recognized that something was missing. "Social experiences can be fleeting. Clients need to capture their learners' questions and answers in a way that provides long-term value to the education initiative, so we decided to build our own Q&A community into the platform. By integrating formalized curriculum, informal learning, live events and social learning, we make the whole much more valuable than the pieces."
Chip Ramsey, CEO of Intellum
Intellum has a rich history of facilitating social learning. In 2009, the company created Tribe Social (now known as Intellum Social), the first social collaboration tool purpose-built for education. Intellum Social has evolved to include three core social learning components:
Groups are modern vertical activity streams that encourage learners to share links, videos, images, files, and polls to kickstart conversation, collaboration, and engagement with educational content.
Chat allows users to engage in 1:1 or group chats and can be embedded into any experience on the platform, including live events like instructor-led training and Webinars to drive real-time user engagement.
Community gives learners a dedicated space to search for answers, identify experts, and demonstrate their own expertise by asking and responding to questions and voting on the answers associated with concepts and topics they are interested in.
When utilized together, the three components in the Intellum Social suite provide organizations with everything needed to introduce, improve and capitalize on the science of social learning.
Intellum provides the #1 customer, partner, and employee education platform that large brands and fast-moving companies rely on to engage audiences and improve product knowledge, utilization, retention, and revenue. Intellum's scientific, data-driven approach is based on 20+ years of industry experience and the Intellum Platform includes all of the tools an organization needs to create, deploy, manage, track, and continuously improve highly personalized, engaging educational experiences.