Cordance Completes Acquisition of SPOL
Higher education management and planning software company SPOL set to grow with direction from Cordance
Cordance today announced its acquisition of Strategic Planning Online LLC. (SPOL) of Coral Springs, Florida. This new relationship will allow SPOL management and employees the opportunity to benefit directly from the many years of expertise of the Cordance team and allows SPOL the advantage of Cordance’s financial resources to help scale the company.
“We pursued the SPOL acquisition because of its impact in the higher education market and its potential for exponential expansion,” says John Bennett, CEO at Cordance. “We’re eager to start working to accelerate its near- and long-term growth.”
“We are excited to partner with Cordance for this next phase of growth. Combining forces with Cordance will help us to better serve our partner institutions, while establishing a new vison for the road ahead. This path forward will help the higher education institutions we serve to improve strategic planning and student learning outcomes for many years to come,” says Andrew Davies, founder and CEO at SPOL. “We are excited for the future, and we are proud to be a part of the Cordance family of companies.”
SPOL (SPOL.com) helps colleges and universities improve institutional effectiveness and better prepare students for success. Its integrated strategic management software encompasses planning, accreditation, assessment, credentialing, and budgeting. This cross-functional focus enables visibility and accountability at all levels while building a clear path towards continuous improvement, institutional efficiency, and student success. SPOL is based in Coral Springs, Florida and was founded in 2004. Tyton Partners served as exclusive financial advisor to SPOL.