Ionic Partners announced the acquisition of Edsembli, a leading provider of ERP & SIS solutions for K-12 school boards in Canada, merging it with Sparkrock. This strategic move aims to unite industry leaders, enhance product offerings, accelerate technological advancements, and foster community collaboration for greater impact on student outcomes.
TORONTO, March 19, 2024 /PRNewswire-PRWeb/ -- Ionic Partners announced today that they have acquired Edsembli, a trusted provider of ERP & SIS solutions tailored to K-12 school boards across Canada. Ionic Partners will integrate Edsembli into its previous acquisition in the K-12 education space - Sparkrock. This strategic move unites two industry leaders in Canada, accelerating innovation and increasing scalability for their customers. Moving forward, Ionic remains committed to working closely with the unified Sparkrock and Edsembli teams, focusing on strategic value creation via Ionic's proprietary best practices and prioritizing successful outcomes for each of the combined company's valued customers.
By harnessing the strengths of both organizations, Sparkrock is set to deliver an enhanced suite of Finance, HR/Payroll, and SIS solutions. This combination will seamlessly blend decades of industry experience with cutting-edge technology, improve the speed of implementations, and accelerate the development of AI-enhanced solutions, ultimately helping school districts make a greater impact on student outcomes.
"Sparkrock and Edsembli will bring together two world-class organizations with truly complementary products in the K-12 space. We already share numerous customers & are united in our unwavering dedication to achieving 100% customer success," stated Andy Tryba, CEO of Sparkrock. "Bringing these two companies together will empower both customer communities to benefit from our team's extensive industry expertise and world-class products."
Randy Lenaghan, CEO of Edsembli, shared his thoughts on the acquisition, "Joining Sparkrock marks an exciting new chapter for Edsembli. Our product suites, years of experience and organizational cultures complement perfectly. But this combination is not solely about merging products; it's about reshaping how educational institutions leverage technology to achieve greater efficiency and impact."
Key Highlights of the Acquisition:
1. A Leader in Edtech for K-12 in Canada: This acquisition positions the combined entity as a leading ERP & SIS solutions provider for the K-12 education sector in Canada
2. Comprehensive ERP & SIS Solution: The new Sparkrock will merge the 'best of' feature sets to offer a comprehensive ERP solution and an integrated SIS platform.
3. Accelerating Migrations & Implementations: With additional resources & expertise – new and existing customers can now accelerate their move to the cloud and receive the benefits of greater flexibility, scalability, and security.
4. Community Collaboration: Continuing to foster community-driven forums, workshops, and user groups, with a strong emphasis on knowledge sharing and collaborative growth.
Stacy Veld, Superintendent of Business Services and Treasurer at the District School Board of Niagara, a joint customer of Sparkrock and Edsembli, also shared her enthusiasm: "We are thrilled about Sparkrock's acquisition of Edsembli. This merger brings together two highly regarded software enterprises in educational technology, promising us enhanced solutions and services. We eagerly anticipate the innovative changes and improvements that will support our system and day-to-day operations."
About Ionic Partners
Led by a team of seasoned software operators, Ionic Partners is a global enterprise software platform focused on investing in businesses with strong core products and durable recurring revenue. Ionic creates extraordinary value through a product-led thesis and by infusing world-class operating best practices into the daily workflow of their companies.
For more information, please visit www.ionicpartners.com or follow @IonicPartners on Twitter
About Edsembli
Edsembli is a leader in ERP and SIS solutions for K-12 education in Canada. Their solutions empower educators to reshape the student learning journey. By integrating essential functions like human resources, payroll, finance, and student information management into a singular platform, Edsembli seeks to modernize educational institutions to meet the demands of contemporary education.
For more information, please visit www.edsembli.com.
About Sparkrock
Since its establishment in 2003, Sparkrock has provided ERP solutions to Education, Nonprofit, Health, and Human Service organizations. Their ERP software, Sparkrock 365, is built on the highly reliable and secure Microsoft cloud platform. While most solutions are built for for-profit businesses, Sparkrock 365 is specifically designed to empower educational institutions with essential tools for thriving in the digital era.
For more information, please visit www.sparkrock.com or follow @sparkrockinc on Twitter
Media Contact
Media, Ionic Partners, 1 866-878-5552, [email protected], https://www.ionicpartners.com/
SOURCE Ionic Partners
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