Modern Campus Acquires nuCloud

Modern Campus Acquires Presence, Campus Engagement Platform

June 24, 2021

Education

Modern Campus, a PE-backed modern learner engagement platform, has acquired Presence, a campus engagement and learning platform for higher education institutions. The add-on—backed by The Riverside Company—expands Modern Campus's product suite and customer footprint, and founder Reuben Pressman joins Modern Campus's executive team.

Modern Campus Acquires Augusoft

January 20, 2022

Education

Modern Campus, backed by The Riverside Company, has acquired Augusoft, the Minneapolis-based provider of Lumens enrollment-management SaaS for continuing and corporate education programs. The add-on expands Modern Campus’s product set (Destiny One + Lumens), extends its reach across nearly 2,000 North American colleges and universities, and deepens its capabilities in continuing and workforce education.

Providence Equity Partners Takes Majority Growth Stake in Modern Campus

August 26, 2025

Cloud & SaaS

Providence Equity Partners has made a majority growth investment in Modern Campus, a learner-to-earner SaaS platform for higher education. The Riverside Company sold its stake in the business, and Modern Campus appointed Craig Chanoff as CEO as Providence plans to support product development and strategic acquisitions to accelerate growth.

Trane Technologies Acquires Nuvolo

November 3, 2023

Cloud & SaaS

Trane Technologies has acquired Nuvolo, a cloud-based provider of connected workplace and enterprise asset management solutions built on the ServiceNow platform. The acquisition brings Nuvolo's SaaS capabilities and ~250 associates into Trane's digital portfolio to accelerate growth in facilities and asset management across healthcare, life sciences, retail, education and public sector customers.

Modern Campus (Riverside) Acquires Signal Vine

January 12, 2022

Software

Modern Campus, a Riverside-backed learner engagement platform, has acquired Signal Vine, a two-way conversational text-messaging platform for higher education. The add-on will deepen Modern Campus's text-driven communication capabilities and expand personalization and AI-optimized messaging across its suite to support enrollment, retention and student success.

Sabre Corporation Acquires Nuvola

May 9, 2022

Cloud & SaaS

Sabre Corporation acquired Nuvola, a provider of cloud-based hotel service optimization and guest engagement software, integrating Nuvola's technology and employees into Sabre's hospitality portfolio. The acquisition is intended to advance Sabre's hotel retailing, merchandising and on-property fulfillment capabilities to help hoteliers deliver differentiated guest experiences.