The Riverside Company has sold its investment in Modern Campus, a provider of student lifecycle management software for higher education, to Providence Equity Partners, signaling a strategic growth opportunity for the company in a dynamic market.

Target Information

The Riverside Company, a renowned global investment firm specializing in lower middle-market investments, has successfully divested its stake in Modern Campus. Modern Campus is a prominent provider of student lifecycle management software, catering specifically to the needs of higher education institutions. The company's innovative software solutions have been adopted by over 1,500 educational entities, encompassing a wide range of institutions including public universities, private colleges, community colleges, technical training schools, and other educational organizations.

Modern Campus offers a suite of services designed to enhance the educational experience for non-traditional students. Their software enables institutions to effectively manage non-degree programs, optimize web content, engage students, and streamline curriculum and course catalog management. This comprehensive approach enhances operational efficiency and enriches the learning environment.

Industry Overview

The higher education sector has been undergoing significant transformations, driven by technological advancements and changing demographics within the student population. Institutions are increasingly recognizing the need to adapt to the demands of non-