Cherry Tree Advises Regent Education on its Investment from Attain Capital Partners

Cherry Tree Advises Regent Education on its Investment from Attain Capital Partners

Regent Education Announces Investment from Attain Capital Partners to Accelerate Growth and Innovation

FREDERICK, Md. June 8, 2022 /PRNewswire/ — Regent Education, the leading provider of Software as a Service (SaaS) solutions that automate and simplify the financial aid process for higher education institutions offering traditional and nontraditional enrollment models, today announced a significant growth equity investment led by Attain Capital Partners, with participation from Regent’s current lead investors Chrysalis Ventures, CNF Investments LLC, and New Markets Venture Partners. The company also announced that Greg Baroni, Founder and Managing Partner of Attain Capital Partners, will serve as Chair of the Regent Education Board of Directors.

Attain Capital Partners is a private equity firm which invests in expansion and growth-stage companies with innovative, technology-enabled solutions. A tech entrepreneur himself, Baroni helped launch a distributed learning group known as Blackboard—now part of Anthology—that became a first-mover and an industry leader. He has led a diverse portfolio of successful businesses throughout his career, including KPMG Consulting, Unisys, and more recently, Attain, LLC, selling the company’s federal business division in 2021. He also is the Founder and Chief Executive Officer of Attain Partners and Attain Sports and Entertainment.

“When it comes to financial aid software, there is none better than Regent. Their comprehensive, cloud-based solution enables institutions to improve business operations and mitigate compliance risks—all while improving the student experience, which is so essential to expanding access to an affordable post-secondary education,” said Baroni. “We look forward to collaborating with the Regent team as we grow the company and continue to simplify the most complex financial aid scenarios for our clients and the students they serve,” he continued.

“Attain Capital brings a rich understanding of higher education, and their guidance and investment provides considerable support to assisting Regent’s continued growth, scale, and financial aid product innovation,” said Jim Hermens, CEO of Regent Education. “Together, we look forward to accelerating Regent’s forward-leaning solutions for the education industry,” he said.

About Regent Education

Regent Education is the leading provider of Software as a Service (SaaS) solutions that automate and simplify the financial aid process for higher education institutions offering traditional and nontraditional enrollment models. Regent’s solutions encompass the automation of financial aid management, verification processes, student financial planning, and state financial aid applications. These solutions offer institutions an unprecedented ability to automate the financial aid process to increase efficiency, mitigate compliance risks, expand enrollment, improve the student experience, and enhance financial management and financial aid lifecycle visibility. Since its inception, Regent has packaged and delivered $5 billion in financial aid to more than 250,000 students. For more information, visit https://regenteducation.com/.

About Attain Capital Partners

Attain Capital Partners invests in growth-stage companies in the knowledge economy. We seek to partner with firms delivering high-value, technology-enabled solutions and services to businesses predominantly focused on serving the public sector markets, including education, government, healthcare, and nonprofits. Our mission is simple: Truly empower teams while building lasting partnerships that make an enduring, positive impact to improve humankind. For more information, please visit www.attain.capital

About New Markets Venture Partners

New Markets Venture Partners is a leading impact investor that accelerates growth-stage education and workforce technology companies.  The New Markets team has decades of experience supporting evidence-based, high growth companies that improve economic and social mobility by leveraging deep relationships with centers of education and workforce innovation.  New Markets prides itself on adding value to its portfolio companies before, during, and after the investment process, with the ultimate goal of improving both individual outcomes and the productivity of America’s education workforce system.  For more information, visit https://newmarketsvp.com/.

About Chrysalis Ventures

Chrysalis Ventures partners with management teams across mid-America to build businesses with enduring value through technology and active collaboration. Chrysalis Ventures manages more than $400 million and has invested in more than 70 companies during its 25-year history.  Chrysalis Ventures partners with talented management teams by providing the business intelligence, market knowledge, deep resources, technological expertise, and financial discipline that are critical to success.  Chrysalis takes a direct, straightforward approach in its work and relationships, challenging itself and its management teams to exceed expectations and deliver superior results. 

Contact
Regent Education
Diane Eves, Marketing Director
(301) 662-5592 or marketing@regenteducation.com

SOURCE Regent Education

 

Minneapolis based Cherry Tree & Associates served as the investment banking advisor to Regent Education on this transaction.

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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Cherry Tree Advises Aperture Education on its Sale to Riverside Insights, A Portfolio Company of Alpine Investors

Cherry Tree Advises Aperture Education on its Sale to Riverside Insights, A Portfolio Company of Alpine Investors

Riverside Insights Acquires Aperture Education

Riverside’s Achievement and Ability Assessments Combine with Aperture’s Rigorous SEL Tools to Provide Educators with a Holistic View of Students

Riverside Insights®, a leading developer of research-based assessments and analytics, today announced its acquisition of Aperture Education, the leading provider of research-based social and emotional learning (SEL) assessments for K-12 schools. With more than 65 years of combined research and SEL experience, Aperture sets the standard for research-based SEL assessment solutions. The addition of Aperture’s SEL solutions to the Riverside portfolio of research-based ability and achievement assessments will help K-12 educators obtain the most valid, reliable, and comprehensive view of each learner. Through use of the highest quality and most rigorous tools, educators are empowered to better understand and support student growth. Riverside is a portfolio company of Alpine Investors, a people-driven private equity firm. Terms of the deal were not disclosed.

The Aperture team has developed the DESSA suite of assessments to meet the needs of students and educators. Based on the CASELTM framework, the DESSA assessment system provides an in-depth, comprehensive view of student social and emotional skills and is entirely strength-based.

“With our K-12 solutions for students and educators, Aperture and Riverside have a synergistic goal of enriching one billion lives globally by 2030,” said Rajib Roy, CEO of Riverside Insights. “With Riverside’s strong research tradition blended with Aperture’s SEL product expertise and vision, we are excited to continue our commitment to creating insights to understand the whole learner. Together, we believe that through our assessments, we can make a greater impact in the lives of students and educators.”

“Riverside and Aperture have very similar company cultures. We share an entrepreneurial energy and have fixed our eyes on future growth,” said Jessica Adamson, CEO at Aperture Education. “With our research-roots, we believe the right insights empower educators to better serve students, and together, we believe we can more effectively reach educators to scale our impact.”

About Aperture Education
Aperture Education has empowered over 6,500 schools and out-of-school time programs across North America to measure, strengthen, and support social and emotional competence in K-12 youth and educators. The Aperture System includes the DESSA suite of strength-based assessments, CASEL™-aligned intervention strategies, and robust reporting, all in one easy-to-use digital platform. This system enables education leaders to make strategic, data-based decisions about SEL within their organizations. Aperture has supported more than one million students in their social and emotional growth and continues to develop innovative solutions to bring the whole child into focus. To learn more, visit http://www.ApertureEd.com.

About Riverside Insights
Riverside Insights, one of the nation’s leading and most long-standing developers of research-based assessments, is led by a powerful mission: to provide insights that help elevate potential and enrich the lives of students, clinical patients, employees, and organizations globally. For more information, visit http://www.RiversideInsights.com.

About Alpine Investors
Alpine Investors is a people-driven private equity firm that is committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in companies in the software and services industries. Its PeopleFirst strategy includes a talent program that allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine is currently investing out of its $2.25 billion eighth fund. For more information, please visit http://www.alpineinvestors.com.

source: https://www.prweb.com/

 
Minneapolis based Cherry Tree & Associates served as the investment banking advisor to Aperture Education on the transaction.

“With our K-12 solutions for students and educators, Aperture and Riverside have a synergistic goal of enriching one billion lives globally by 2030,” 

Rajib Roy

CEO, Riverside Insights

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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Cherry Tree Advises CIM Audio Visual / CCS Presentation Systems on its Sale to AVI Systems

Cherry Tree Advises CIM Audio Visual / CCS Presentation Systems on its Sale to AVI Systems

AVI Systems to Acquire CIM Audio Visual / CCS Presentation Systems in Indiana

AVI expands its ability to serve the U.S. education market with proven interactive technology, cloud-based conferencing, and audiovisual systems

MINNEAPOLIS / COLUMBUS, IND. – May 2, 2022 – AVI Systems, the largest global audiovisual service provider, today announced it will acquire CIM Audio Visual / CCS Presentation Systems – Indiana, a full-service audiovisual systems provider serving the education and corporate markets. With approximately 35 employees, CCS operates from its headquarters in Columbus, Ind.

“This acquisition immediately expands AVI’s capabilities in the education marketplace,” said Jeff Stoebner, CEO of AVI Systems. “CIM was part of CCS Presentation Systems, the sixth-largest AV systems integrator in the U.S., and has served the K-12 and higher ed markets for decades creating a solid footing on the growing technology needs of educators. When combined, AVI’s global reach and strength in service, coupled with the expertise CIM has developed, will be a winning combination.”

CIM Audio Visual was created by John and Sue Gayman in 1983 with a focus on providing school libraries and media centers with new technologies. As the business grew, CIM became part of CCS Presentation Systems and began to serve corporate industries and emerging markets, including digital curriculum software, one-to-one programs, mobile video conferencing, and Intranets.

“Joining AVI Systems presents many opportunities for both companies,” said Dale Gayman, CEO at CIM. “The AV industry is rapidly changing how educators reach students and we have a solid foundation in this space. Meanwhile, AVI has the infrastructure and ability to serve organizations throughout the United States. As a single entity, we’ll help make AVI a powerhouse in the education market.”

All CIM employees will be invited to transition to AVI, joining the company and its 750-plus employee-owners. CIM’s Gayman and CFO David Theile will continue in leadership roles once the transaction is completed.

With this acquisition, AVI will have nearly 800 employees working from locations in 25 cities in the United States. The company is also the major shareholder in GPA – which enables AVI to serve large, multi-national organizations that have operations around the world.

About CIM / CCS Presentation Systems

CIM Audio Visual / CCS designs custom AV solutions to meet the needs of companies, school districts, and classrooms. Since 1983, the company has grown to specialize in interactive technology, cloud-based conferencing, and high-quality audio-visual products to improve efficiency, increase collaboration, and enhance presentations. For more information, visit www.ccsavpro.com.

About AVI Systems

Organizations that value the power of visual communications trust AVI Systems to enable people and teams to communicate their critical ideas. As the largest global audio-visual service provider, AVI solutions are used to accelerate decision making, improve human interactions and create immersive digital experiences. For more information about AVI Systems, visit www.avisystems.com.

Source: www.avisystems.com

 

Minneapolis based Cherry Tree & Associates served as the investment banking advisor to CIM Technology Solutions.

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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Cherry Tree Advises InHarvest on its Sale to Riviana Foods

Cherry Tree Advises InHarvest on its Sale to Riviana Foods

Riviana Foods Acquires Assets of Duininck Companies’ InHarvest

 

April 1, 2022

Riviana Foods Inc. announced today that the definitive agreement to purchase the assets of InHarvest, Inc. has been closed and completed. InHarvest specializes in the production, marketing and sale of premium specialty rice, quinoa and grains. The purchase price was $48.75 million, paid by Riviana on April 1, 2022.

The acquisition expands Riviana’s operations and geographic footprint into California and includes two production facilities in Colusa and Woodland strategically located in the rice-growing area of the Western United States. In addition, with InHarvest’s focus on the foodservice, ingredients/industrial and retail/private label sectors, the purchase complements and enhances Riviana’s current business in those segments.

“The acquisition of the InHarvest business is an excellent fit and consistent with our strategic plan to expand our position in the specialty value-added rice, quinoa and grains markets,” said Enrique Zaragoza, President & CEO of Riviana. “We are excited about this expansion as we also look forward to welcoming InHarvest’s employees to the Riviana team.”

About Riviana Foods Inc.:

Riviana Foods Inc. is North America’s largest processor, marketer and distributor of branded and private label rice products through its family of well-known brands including Minute®, Mahatma®, Success®, Carolina®, Comet®, Adolphus®, Blue Ribbon®, RiceSelect®, Gourmet House® and Tilda®.  Riviana also processes, markets and distributes fresh pasta through the brand Olivieri®.

Headquartered in Houston, Texas, Riviana is a wholly-owned subsidiary of Ebro Foods, S.A., a leading Spanish food company and the world leader in the rice sector. For more information, visit www.riviana.com/

About InHarvest, Inc.:
Headquartered in northern Minnesota with operations in California, InHarvest is the foremost U.S. producer and procurer of some of the world’s most distinctive varieties of grains, beans, legumes and blends for the foodservice, industrial and retail sectors. The company’s dedication to discovering and promoting lesser-known, heirloom grains and seeds is deep-rooted in its over 40 year heritage of providing inspiration and solutions to an evolving food industry. For more information, visit www.InHarvest.com.

 

Minneapolis based Cherry Tree & Associates served as the investment banking advisor to InHarvest on the transaction.

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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Cherry Tree is Proud to Announce A Strategic Alliance in the Education Industry

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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Cherry Tree’s Senior Executive Director, Elmer Baldwin, Presents at TBI’s BIG Event 2022

Elmer Baldwin has a 30-year track record in information technologies, professional services, SaaS and digital media, including 20 years as President / CEO of five information technology companies. Baldwin is a skilled executive, operator and advisor experienced with early, turnaround and growth stage companies. >more

ebaldwin@cherrytree.com | 952.253.6001

Cherry Tree & Associates provides investment banking services through our FINRA-licensed broker dealer.

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