LONDON, June 30, 2021 / PRNewswire / – Unit4, a global leader in enterprise cloud software for people-centered organizations, today announced that the company is separating from its Student Information System (SIS) business. This action follows the strategic growth buyout of its global enterprise resource planning (ERP) business lines by TA Associates for a transaction value greater than US $ 2 billion. A new dedicated SIS business has been created and operates under the Thesis brand, to focus on SIS innovation to help global higher education clients succeed.
Colleges and universities are looking for new ways to support basic functions and replace old “green screen” SIS solutions. Thesis offers a transformative SaaS solution that provides higher education institutions with opportunities to innovate and enhance the student experience by taking full advantage of advanced SIS technology, including the use of automation to manage the administrative work so that teachers and staff can focus on their basic education mission.
Unit4’s agreement with TA Associates and company plans to accelerate Unit4’s people-centric ERP vision through the release of ERPx provided an ideal opportunity for Unit4 to create a separate legal entity, Thesis, dedicated to the student system market. Thesis will continue to be owned by Advent International, one of the world’s leading private equity investors. Higher education is evolving rapidly and the thesis will aim to help institutions modernize processes to better serve current, future and former students.
“Organizations of all types are looking for partners who can help them innovate quickly so they can position themselves to grow and prosper in today’s market,” said Mike ettling, CEO of Unit4. “The separation of our SIS business makes sense for strategic purposes, and the launch of Thesis ensures that our higher education clients continue to be served to the highest standards, while Unit4 focuses on ERP solutions. , Cloud-native FP&A and HCM, creating value for customers and driving strong global growth. “
Unit4 and Thesis work closely together to ensure a smooth transition for SIS clients. Technology integration, business support and go-to-market relationships between the two separate legal entities will continue. Unit4’s SIS customers will benefit from Thesis’ expertise and its exclusive focus on innovation to meet the needs of SIS users and administrators in colleges and universities. Learn more about www.thesiscloud.com.
Global Communications Manager, Unit4
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Unit4’s next-generation business solutions power many of the most people-centered middle service organizations in the world. Our ERP, HCM and FP&A cloud applications turn work into more meaningful and inspiring work with stand-alone, adaptive and intuitive software, intelligently automating administrative tasks while providing easy access to the answers people need. Unit4 serves more than 6,000 clients in industries such as professional services, the public sector, non-profit organizations and education.