Datatel, Inc., the industry’s most experienced provider of higher education software, services, and insight, announced today that affiliates of Hellman & Friedman LLC have completed their purchase of Datatel. The planned acquisition from Thoma Bravo and its co-investors, including Trident Capital, HarbourVest Partners and JP Morgan Asset Management, first was announced on November 9, 2009.
Hellman & Friedman to acquire Datatel from Thoma Bravo and co-investors FAIRFAX, Va. (BUSINESS WIRE), November 09, 2009 – Datatel, the industry’s most experienced provider of higher education software, services and insight, announced today that they reached a definitive agreement to be acquired by Hellman & Friedman LLC. Hellman & Friedman and its affiliates, co-investor …
“ Today’s release of the ‘Enterprise Education Platform’ marks a milestone moment in redefining the current possibilities of transformational technologies for our educational institutions. The convergence of ERP and LMS technology into a single holistic platform can, and will, increase individual and organizational intelligence, reduce total operational costs and improve institutional outcomes and student success.”
Datatel has embraced the Enterprise Education Platform concept and will provide details of how the company plans to fulfill this vision at its corporate presentation here at EDUCAUSE 2009 tomorrow from 10:30 AM to 11:20 AM in the Korbel Ballroom 2C at the Colorado Convention Center. In her presentation, Social Learning that Won’t Break the Bank, Datatel Chief Client Officer Liz Murphy will explain how the company’s recent agreement with Moodlerooms will allow Datatel to provide higher education institutions with a fully integrated, tested, and supported Enterprise Education Platform that unites teaching and learning applications with administrative functions.