Unit4 splits student information system business

Unit4 has separated out its student information (SIS) business, with the new dedicated SIS business operating under the brand of Thesis to focus on innovation in higher education.

The announcement follows the strategic growth buyout of Unit4’s global ERP lines of business by TA Associates for $2bn earlier this year.

Thesis offers a transformative SaaS solution that provides opportunities for higher education institutes to innovate and improve the student experience by fully leveraging advanced SIS technology.

Thesis will continue to be owned by Advent International, a global private equity investor.

Mike Ettling, Unit4 CEO said: “Organisations of all types are looking for partners who can help them innovate quickly so they can position themselves to grow and thrive in today’s marketplace. Separating our SIS business makes sense for strategic purposes, and the launch of Thesis ensures our higher education customers continue to be served to the highest standards while Unit4 focuses on cloud-native ERP, FP&A and HCM solutions, creating value for customers and driving strong growth worldwide.”

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Unit4 splits student information system business

Key Takeaways

⇨

Unit4 has established a dedicated student information system (SIS) business under the brand Thesis, focusing on innovation in higher education.

⇨

The move follows the $2bn acquisition of Unit4’s global ERP lines by TA Associates, allowing Thesis to enhance student experiences through advanced SIS technology.

⇨

Thesis will remain under the ownership of Advent International, enabling Unit4 to concentrate on cloud-native ERP and other solutions while maintaining high standards for higher education customers.

Key Takeaways

⇨ Unit4 has established a dedicated student information system (SIS) business under the brand Thesis, focusing on innovation in higher education.

⇨ The move follows the $2bn acquisition of Unit4’s global ERP lines by TA Associates, allowing Thesis to enhance student experiences through advanced SIS technology.

⇨ Thesis will remain under the ownership of Advent International, enabling Unit4 to concentrate on cloud-native ERP and other solutions while maintaining high standards for higher education customers.

⇨

Unit4 has established a dedicated student information system (SIS) business under the brand Thesis, focusing on innovation in higher education.

⇨

The move follows the $2bn acquisition of Unit4’s global ERP lines by TA Associates, allowing Thesis to enhance student experiences through advanced SIS technology.

⇨

Thesis will remain under the ownership of Advent International, enabling Unit4 to concentrate on cloud-native ERP and other solutions while maintaining high standards for higher education customers.