LLR Partners has made an investment in Los Angeles-based Edlio, a provider of community engagement solutions for K-12 public, private and charter schools. No financial terms were disclosed. Berkery Noyes advised Edlio on the transaction.
PRESS RELEASE
Philadelphia, PA and Los Angeles, CA – OCTOBER 17, 2018 – LLR Partners today announced a growth capital investment in Edlio, a leading provider of community engagement solutions for K-12 public, private and charter schools. The investment will be used to support Edlio’s continued market expansion via organic growth and acquisitions.
Since 2011, Edlio has been connecting K-12 educators with their communities, offering the most comprehensive and easy-to-use communication package for school administrators, teachers and parents. Edlio’s content management system (CMS) powers over 9,700 websites for schools and districts across the U.S., Canada and Latin America, allowing teachers and administrators to seamlessly manage their school’s web presence, calendars, news alerts, classes and homework. Edlio’s parent engagement app, Sangha, connects schools to home with personalized communication for parents, including mass notification and two-way parent/teacher messaging, online forms and e-signatures and built-in reminders.
“We are thrilled to partner with LLR for our next stage of growth and excited by the team’s track record of investing in and helping to advance other leading education technology businesses,” said Ali Arsan, CEO of Edlio. “With the support of LLR, we will continue to expand and enhance our solutions both organically and through acquisition of market-leading products, solving new pain points for our loyal clients.”
“Ali and the Edlio team combine tremendous passion and commitment with best-in-class technology to help educators engage and simplify communication with parents and the broader community, making an impact for students,” said Zack Sigal, Vice President at LLR Partners. “We look forward to supporting Edlio in its continued growth, innovation of its platform with new features and functionality and expansion into new markets.”
Berkery Noyes served as an advisor to Edlio in the transaction.
About Edlio
Edlio makes communicating with parents simpler. Powering 9,700 school and district websites in North America is Edlio’s own easy-to-use content management system (CMS). And their new Parent Engagement App, Sangha, is a gamechanger for personalized school-to-home communication. With offices in Los Angeles, Mountain View, Austin, Chicago, Mexico City, and Vancouver, BC, Edlio knows what schools need to succeed.
About LLR Partners
LLR Partners is a lower middle market private equity firm committed to creating long-term value by growing our portfolio companies. We invest in a targeted set of industries, with a focus on technology and services businesses. Founded in 1999 and with more than $3 billion raised across five funds, LLR is a flexible provider of capital for growth, recapitalizations and buyouts. For more information about LLR and advice for scaling growth companies, visit our new website at www.llrpartners.com.
Learn how LLR, its portfolio and network collaborate to deliver best practices for growth: GrowthBits.
Source: https://www.pehub.com/2018/10/llr-invests-in-edlio/
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