Permanent Group Completes Acquisition of eRezLife Software
FOR IMMEDIATE RELEASE
16 W. Martin Street
Raleigh, NC 27601
Successful cloud-based campus-services company eRezLife set to grow and scale with Permanent
RALEIGH, NC, OCTOBER 5, 2021: Permanent Group today announced its acquisition of and partnership with eRezLife Software. This new relationship will allow eRezLife founders and employees the opportunity to benefit directly from Permanent’s expertise, as well as allowing eRezLife the advantage of Permanent Group’s financial resources to help scale the company.
“eRezLife caught our eye because of its success as a unique SaaS solution with a strong, loyal customer community in the education market,” says John Bennett, CEO at Permanent Group. “We’re eager to start working closely in concert with its leadership team long-term to guide the company in meeting its potential.”
“We’re excited to become part of Permanent Group,” says Chad Elliott, Co-Founder & CEO at eRezLife Software. “We’ve enjoyed the challenge of building our team, company, and diverse client community to where we are today. We believe Permanent’s influx of experience and assets will increase our efficacy significantly.”
For information on how the eRezLife partnership with Permanent Group will affect its current customers, visit permanentgroup.com.
eRezLife Software (erezlife.com) provides institutions of higher education with cloud-based services to manage their various campus communities and processes. The company’s goal is to eliminate the expense and inefficiencies of paperwork and manual labor associated with managing these diverse communities across campus. eRezLife has been providing institutions in the United States, Canada, and abroad with software for over 10 years and has over 250 different implementations of its platform. eRezLife Software’s head office is in Ottawa, Ontario. Sampford Advisors acted as exclusive M&A advisor to eRezLife.
Permanent Group (permanentgroup.com) is dedicated to accelerating the growth of vertically focused business-to-business (B2B) software-as-a-service (SaaS) companies through acquisition and long-term tactical and financial guidance. Permanent’s team of experienced operators and subject-matter experts have a passion for software and building businesses, and partner with founders to help them scale their businesses and realize their companies’ full potential. Permanent Group seeks businesses with strong leadership and high potential for profitable growth to work together to increase year-over-year revenue, company efficiency, and impact. Permanent Group is based in Raleigh, North Carolina.