Last year the big news in my industry was Blackbaud’s acquisition of Convio and the merger/acquisition of Datatel and Sungard Higher Education (now called Ellucian). 2013 is off to a bang with Accel-KKR’s acquisition of Sage’s Nonprofit Solutions Group and iModules acquisition of Harris Connect.
The Sage staff I’ve talked to can’t comment publicly until the sale is final, which they hope will happen this month. Millennium users, at least, seem excited about the change and the possibility of new investment in the product.
The press release for the iModules deal says Harris Connect “will be supported … for the foreseeable future.” I’ve heard that Harris clients are being given a year to decide if they are going to move to iModules. If they do, they’ll have to pay conversion fees.