August 09, 2024
Translink Corporate Finance in the United States initiated the acquisition of RHB, Inc. (RHB), a higher education consulting firm renowned for its expertise in Slate, Enrolment Management, Institutional Marketing, and Executive Counsel Services, by Strata Information Group, Inc. (SIG), a leading provider of comprehensive IT services to higher education institutions since 1987.
Having served as a trusted partner to over 700 colleges and universities worldwide, SIG has consistently provided innovative solutions to address the most critical challenges faced by educational institutions. With a focus on strategy, business process design, ERP, CRM implementation, cloud migration, and data analytics, SIG brings deep expertise and a reputation for independent and product-agnostic perspectives. The acquisition of RHB further strengthens SIG’s commitment to delivering exceptional and diversified consulting services to its valued clients.
Brent Rhymes, Chief Executive Officer of SIG, expressed his enthusiasm about the acquisition, stating, “We are thrilled to welcome RHB’s talented and dedicated team to SIG. This strategic acquisition not only positions us as the leading provider of implementation, support, and training services for Technolutions’ Slate CRM product line but also significantly expands our service portfolio. With RHB’s expertise, we can now assist our clients in identifying and communicating their distinct advantages, finding and retaining students that best fit their culture, and enhancing their students’ experience and success. Together, we provide unparalleled support and innovative solutions to the higher education community.”
Tamara Bailey, co-founder and CEO of RHB, shared her excitement about the partnership with SIG, stating, “This exciting milestone provides RHB with the resources necessary to fuel our continued growth and broaden the scope of services we offer to our clients. The synergy between SIG and RHB is evident, and our shared commitment to delivering quality services ensures that our clients will continue to receive the same level of excellence that they have come to expect.”
“Joining Strata Information Group exemplifies RHB’s commitment to coherence. Our mission, values, and vision for the future align powerfully to enhance our service to clients and advance higher education,” added Rick Bailey, RHB’s principal and founding partner.
RHB’s Slate, Enrolment Management, Institution Marketing, and Executive Counsel will be organised into a division of SIG led by RHB veteran Sam Waterson. SIG will market the new division under the brand ‘RHB, a division of SIG’.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.