Lemnis Acquires Mainstay to Expand Higher Education Support

March 30, 2026

Lemnis, a public charity focused on expanding educational opportunity, announced it has acquired Mainstay, a developer of AI-enabled student support technologies used by more than 200 colleges and universities. Following the acquisition, Mainstay will transition from a public benefit corporation into a nonprofit division within Lemnis to support its long-term mission in higher education.

Buyers
Lemnis
Targets
Mainstay
Location
United States
Transaction Type
Buyout

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