LEAWOOD, KS (October 14, 2014) — iModules Software, headquartered in Leawood, Kansas, announced today that Leeds Equity Partners, LLC, the New York-based private equity firm focused exclusively on investing in the knowledge industries, has acquired the company. iModules was advised in the transaction by Aeris Partners, a leading information technology M&A advisory firm.
Founded in 2002, iModules Software is the leader in Constituent Engagement Management software for educational institutions and serves more than 800 clients reaching more than 100 million constituents worldwide.
“iModules has built a successful, impactful business because they understand the intricacies of the educational advancement market,” said Robert A. Bernstein, Senior Managing Director and Co-Founder of Leeds Equity Partners. “We look forward to helping them continue to deliver an industry-leading solution that helps institutions meet their increasingly complex challenges.”
iModules’ President, Fred Weiss said, “Leveraging the expertise, strategic insight, and resources of Leeds Equity Partners will bolster the growth and innovation trajectory of iModules. Our clients will benefit through increased investment and our management team is excited to work with the Leeds team.”
“Our passion is funding and promoting the knowledge sector. iModules’ ability to enhance productivity through innovation is perfectly in step with our mission,” said Jacques V. Galante, Managing Director of Leeds Equity Partners.
iModules’ co-founder and Executive Chairman, Tom Palmer adds, “This transaction represents a significant milestone for iModules. We now have in place institutional sponsorship with deep knowledge and resources to support iModules’ continued growth.”
The company reports that the existing executive management team will remain in place. Details of the transaction have not been released.
About iModules Software
iModules is the leading online Constituent Engagement Management provider for educational institutions. Their interconnected suite of modules transforms how institutions create relevant constituent experiences and achieve fundraising success through web content management, marketing communications, online giving, event management, ecommerce, and social media integration. iModules integrates data, content, and strategy to drive participation and financial growth, while increasing operational efficiency. Their expertise and exceptional customer service combined with a passion for web technology delivers meaningful results in marketing communications, giving, memberships, and stewardship for educational institutions. With more than 800 clients reaching more than 100 million constituents, iModules has been an industry leader since 2002 by partnering with institutions worldwide to achieve their missions.
About Leeds Equity Partners
Leeds Equity Partners, LLC, is a New York-based private equity firm focused exclusively on investing in the education, training and information services industries (the “Knowledge Industries”). The firm was founded by Jeffrey T. Leeds and Robert A. Bernstein in 1993 and has raised and managed more than $1.1 billion of capital across five funds. The Board of Advisors of Leeds Equity Partners includes, among others: Chairman General Colin L. Powell, former Secretary of State, National Security Advisor, and Chairman of the Joint Chiefs of Staff; Dr. Barry A. Munitz, former Chancellor of the California State University school system and CEO of the J. Paul Getty Trust; Thomas F. (“Mack”) McLarty III, President of McLarty Associates and former White House Chief of Staff under President William J. Clinton; Dr. Rod R. Paige, former Secretary of Education under President George W. Bush; Richard W. Riley, former Secretary of Education under President William J. Clinton and two-term Governor of South Carolina; Tim J. Fitzpatrick, the former CEO of Sallie Mae Corporation; and Timothy P. Shriver, Chairman of the Board of the Special Olympics. Learn more at leedsequity.com.
About Aeris Partners
Aeris Partners provides premium strategic M&A advisory services to best-in-class software and Software-as-a-Service (SaaS) companies, private equity investors and venture capital firms spanning a range of high-growth vertical markets including healthcare (HCIT), financial technology (FinTech), architecture, engineering and construction (AEC), energy & power (EnergyTech), education (EdTech), analytics, transportation and logistics, and the public sector, among others. Aeris leverages extensive technology domain expertise and an unparalleled commitment to delivering superior M&A outcomes on every transaction. The firm’s senior leadership team has successfully completed more than $17 billion of M&A advisory assignments to date. For more information, please visit: aerispartners.com.
Aeris Partners LLC is a registered broker-dealer and member of FINRA and SIPC.
Source: iModules Software