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PRIOR INVESTMENTS
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COLLEGIS
OVERVIEW
Collegis was the nation’s largest independent IT services provider in the higher education market, offering a comprehensive set of solutions to meet the administrative needs of colleges and universities. The company also operated for-profit schools.
www.Rasmussen.edu
www.sungardhe.com
CEO1ST PARTNER(S)
Bob King, Chairman, is the former CEO of The Newtrend Group and Deltak, both successful prior Frontenac investments, and has partnered with Frontenac in five investments over the last 35 years.
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STATUS
Initial investment 1996 to acquire company from its founder
Employed 900 people nationwide, served 100 higher education clients; sold its technology services division to SunGard in 2004
Retained its for-profit schools business, which operates under the name Rasmussen College
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