Social Solutions Global, the leading provider of cloud software for nonprofit and public sector social good organizations, announced it will acquire Athena Software, a leading case management software solution, to accelerate their combined pace of innovation and impact on outcomes for social good organizations. Social Solutions and Athena Software are perfectly aligned in purpose, mission and values, with complementary products and solutions, creating a significant opportunity for their clients to increase the positive impact they make in the communities they serve.
Social Solutions and Athena Software share the vision of creating lasting social change for communities through data and analytics and will combine to advance their product platform development for the benefit of clients and end users. The companies will serve clients in the U.S., Canada, U.K., Australia and New Zealand, with further international expansion planned in the future.
“Joining forces with Athena will allow us to expand our offerings and provide better service to our entire client base, while pursuing our growth objectives and furthering future product innovation,” said Erin Mulligan Nelson, CEO of Social Solutions. “Together we hope to better enable communities to accelerate social change, ultimately driving greater value and impact to clients around the world.”
Social Solutions provides a comprehensive and secure operations platform for social service organizations through its products, Apricot and ETO. Founded in 2000 in Baltimore, Social Solutions relocated its headquarters to Austin in 2017. The company is backed by Vista Equity Partners, a leading global technology investor. Athena Software, a privately-owned company founded in 2001, provides Penelope, a SaaS solution for human health and social services providers around the world. Headquartered in Waterloo, Canada, Athena Software also has staff based in the U.S., Australia, and U.K.
“Joining Social Solutions provides Athena Software a platform to accelerate and broaden our mission of empowering social good,” said Geoff Bellew, CEO of Athena Software. “With over 40 years of combined leadership in case management software, together we will deliver unparalleled industry expertise and leadership in data analytics and associated insights for our clients.”
The combined company will be named Social Solutions Global, with Erin Mulligan Nelson serving as CEO. Pending close, Social Solutions will continue to support and expand Apricot, ETO and Penelope solutions as part of the company’s future product portfolio. Social Solutions expects the acquisition to close in 60 days or sooner, pending satisfaction of all relevant and customary terms and conditions, including regulatory clearance under the Investment Canada Act.
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Originally Published by www.nonprofitpro.com