Renovus Capital Partners’ Portfolio Company EducationDynamics (“Eddy”) Announces Acquisition of RW Jones Agency
Renovus Capital Partners’ Portfolio Company EducationDynamics (“Eddy”) Announces Acquisition of RW Jones Agency
Wayne, PA – Renovus Capital Partners’ portfolio company, EducationDynamics (Eddy), the nation’s leading experts in enrollment management services for higher education institutions, is proud to announce the acquisition of the RW Jones Agency and Rankin Climate (collectively, “RW Jones”). RW Jones is a nationally recognized leader in strategic communications, institutional brand marketing and campus research. The acquisition comes at a time when higher education is facing increasing student enrollment challenges on multiple fronts. By leveraging Eddy’s best-in-class advisory services and marketing execution prowess, its university partners have been successfully tackling these key challenges.
Renovus Founding Partner, Atif Gilani, sees the acquisition as a boon for Eddy’s clients and higher education at large. “To succeed in today’s environment, institutions need to target both traditional and adult learners with a cohesive strategy for branding, communications and overall enrollment management. Eddy is one of the largest pure play providers in the higher-ed category. With the acquisition, Eddy has completed its transition from a provider of lead generation services to a managed services platform,” says Atif Gilani.
Following the successful completion of the RW Jones transaction, Eddy has established itself as a buyer of choice in the higher education technology enabled services space. With support from Renovus, Eddy will continue to actively pursue M&A opportunities.
RW Jones’ brands and teams will remain in place and the Company will continue to be led by its founders Scott Willyerd and Sean Rossall.
“It was important to us that RW Jones maintains its ability to serve our more than 125 institutional partners. Fortunately, EducationDynamics and RW Jones are closely aligned in the commitment and service to higher education and the modern learner,” says Willyerd. “We believe strongly in the notion that storytelling and great communications drive institutional brand and are fundamental for strong marketing campaigns. In Eddy, we have found a leader in marketing and enrollment management, which allows us the opportunity to provide better solutions to the marketplace.”
“Together, EducationDynamics and RW Jones will continue to challenge the status quo and create unique solutions that transcend enrollment and allow the combined company to engage deeper into the student lifecycle,” said Renovus Principal Ruchi Hazaray. “We are confident that this acquisition will allow EducationDynamics to deliver even more value to its marquee clients.”
DLA Piper and Cherry Bekaert served as the principal legal and financial advisors to Renovus in this transaction.