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Connecture, Inc. Completes Take-Private Acquisition by Francisco Partners

April 26, 2018

BROOKFIELD, Wis. — April 26, 2018 —Connecture, Inc., a provider of web-based information systems used to create health insurance marketplaces, today announced the completion of the acquisition by affiliates of Francisco Partners, a leading technology-focused private equity firm. The transaction was approved by Connecture’s Board of Directors and a shareholder majority, marking a new era for Connecture as it officially becomes a privately-held company. “This is a transformative new chapter for our organization,” said Connecture President and CEO Jeff Surges. “Ultimately, it will allow us to have greater mobility to execute on our vision of becoming the clear choice for shopping, quoting and enrollment technology for the U.S. …

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Herzing University Launches Regent Award to Automate and Streamline Financial Aid Processing

April 18, 2018

FREDERICK, Md., April 18, 2018 /PRNewswire/ -- Herzing University and Regent Education are proud to announce the launch of the Regent Award financial aid management solution. Nine months after the full implementation of Regent Review, Herzing University now will automate a significant portion of its financial aid lifecycle through Regent Education's flagship solution, Regent Award. This world-class institution now is better positioned to serve its student population through more effective and efficient financial aid verification, packaging and disbursement. The Regent Award implementation is expected to help Herzing University improve efficiencies by automating financial aid packaging for multiple enrollment models and academic …

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Dept. of Ed. Approves First EQUIP Program

April 13, 2018

The U.S. Department of Education has approved the first program under its Educational Quality Through Innovative Partnerships (EQUIP) initiative. StraighterLine, an unaccredited online course provider, will partner with Brookhaven College in Texas to offer a joint associate degree to students this August. Students will complete more than 50 percent of their course work online through the StraighterLine platform. The partnership is the first of eight programs selected by EQUIP to receive formal approval. The goal of the EQUIP initiative, launched in 2015, was to help create pathways for students to use federal financial aid toward credentials from nontraditional providers. The EQUIP initiative has been divisive among …

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Expanding Pathways to Success After High School, U.S. Department of Education Approves First Innovative EQUIP Experiment

April 13, 2018

WASHINGTON -- The U.S. Department of Education announced today that Brookhaven College, part of the Dallas County Community College District (DCCCD), is the first to receive final approval to enroll students in the Educational Quality through Innovation Partnerships (EQUIP) experiment. Experimental sites, like this one, give the Department flexibility to waive specific statutory or regulatory requirements associated with disbursing Title IV student aid in order to assess the efficacy of innovative educational solutions. Through the EQUIP experiment, students will be allowed, for the first time, to use federal student aid to enroll in programs offered by innovative, nontraditional education providers that are partnering with …

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Brandman University Launches Regent Review to Streamline Their Financial Aid Verification Process

April 12, 2018

FREDERICK, Md., April 12, 2018 /PRNewswire/ -- Brandman University and Regent Education are proud to announce the launch of Regent Review financial aid management solution. Brandman University has used Regent Education's flagship solution, Regent Award, to disburse Title IV funds to over 6,000 students in the past 12 months. Using Regent Award, and now Regent Review, this world-class institution is better positioned to serve its student population through more effective and efficient financial aid verification, packaging, and disbursement. The Regent Review implementation is expected to help Brandman University further improve efficiencies by automating their financial aid verification process. The institution has already …

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Former CNN vice president lands CEO role with education company

March 13, 2018

A former vice president on CNN's digital team is the new leader of a tech company in Nashville, Tenn. KC Estenson has been named the new CEO of GoNoodle, a kids media and technology company that creates videos about being active for kids, teachers and parents. Estenson will lead the company’s day-to-day operations and "accelerate awareness within households worldwide as well as forge strategic partnerships for GoNoodle," according to a company news release. Co-founder and former CEO Scott McQuigg will join the company’s board of directors. Estenson, who earned his Master's in education at Harvard University, served as senior vice president and GM of CNN Digital from 2008-2014, according to his LinkedIn profile. GoNoodle said …

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  • Chrysalis Closes Third Exit in Nine Months
  • meQuilibrium Named to the 2019 Inc. 5000 List of America’s Fastest-Growing Private Companies
  • Experian acquires MyHealthDirect
  • Former CNN digital boss KC Estenson is running GoNoodle, an educational video company
  • StraighterLine and Dallas County Community College District (DCCCD) Launch New Partnership through the Department of Education’s EQUIP Pilot Initiative

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Headquartered in Louisville, KY, Chrysalis Ventures seeks to partner with management teams across Mid-America to build businesses with enduring value through technology and active collaboration. Chrysalis manages over $400 million and has invested in more than 70 companies during its 25-year history.

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