Engineering Animation

Industry Vet Mike Sellberg Appointed Interim Chief of Product and Chief of Staff at Coviance, a Fintech on a Mission to Transform the Home Equity Lending Process

Retrieved on: 
Wednesday, March 15, 2023

Coviance (formerly LenderClose), a fintech company that makes the home equity lending process simpler, faster, and more scalable, today announced that Mike Sellberg has joined its leadership team as interim Chief of Product and Chief of Staff.

Key Points: 
  • Coviance (formerly LenderClose), a fintech company that makes the home equity lending process simpler, faster, and more scalable, today announced that Mike Sellberg has joined its leadership team as interim Chief of Product and Chief of Staff.
  • In tandem, Mike’s dual role as Chief of Staff encompasses special projects that are typically operational and cross-group.
  • “After 30 years in the software industry, I was planning on retiring until I heard Omar’s incredible vision for the industry and met his talented and collaborative team,” says Mike Sellberg, Interim Chief of Product and Chief of Staff.
  • In 2022, nearly $8B in home equity lending transaction volume was processed utilizing Coviance’s technology.

EAI's CEO And President Byron W. Radcliffe To Step Down December 2021

Retrieved on: 
Thursday, July 29, 2021

WASHINGTON, July 29, 2021 /PRNewswire/ -- Byron Radcliffe, who has served as CEO and President of Equal Access International (EAI) since January 2018, announced that he will step down at the end of December 2021.

Key Points: 
  • WASHINGTON, July 29, 2021 /PRNewswire/ -- Byron Radcliffe, who has served as CEO and President of Equal Access International (EAI) since January 2018, announced that he will step down at the end of December 2021.
  • "It has been a privilege to serve EAI's mission as its CEO and President over the past four years.
  • The EAI Board of Directors appointed Graham Couturier, EAI's Executive Vice President, as the next CEO following Byron's departure in December.
  • Graham has worked at EAI for nine years serving as its Africa Director and Director of Programs before Executive Vice President.

Education Advanced Secures Significant Growth Investment from Serent Capital

Retrieved on: 
Thursday, April 29, 2021

This investment will accelerate the company\xe2\x80\x99s growth plans, including product investments and entry into new geographic markets.\nThis press release features multimedia.

Key Points: 
  • This investment will accelerate the company\xe2\x80\x99s growth plans, including product investments and entry into new geographic markets.\nThis press release features multimedia.
  • Serent\xe2\x80\x99s prior investments include ArbiterSports, KEV Group, and USATestprep.\nLoneTree Capital joined Serent in its investment in EAI and will support the company\xe2\x80\x99s growth plans across organic and acquisition strategies.\nLeonis Partners advised EAI on the investment.
  • The principals at Serent Capital have firsthand experience navigating growth through their experiences as CEOs, strategic advisors, and board members to successful businesses.
  • For more information on Serent Capital, visit www.serentcapital.com .\nLoneTree is a growth-focused private capital firm that provides flexible capital, M&A, and operational support to leading companies in high-growth sectors.

Education Advanced Strengthens Their K-12 EdTech Leadership Position Through Acquisition of School Software Group

Retrieved on: 
Tuesday, September 22, 2020

TYLER, Texas, Sept. 22, 2020 /PRNewswire/ --Education Advanced, Inc., creators of TestHound and Cardonex, announced the acquisition of Wisconsin-based School Software Group, creators of BuildYourOwnCurriculum (BYOC).

Key Points: 
  • TYLER, Texas, Sept. 22, 2020 /PRNewswire/ --Education Advanced, Inc., creators of TestHound and Cardonex, announced the acquisition of Wisconsin-based School Software Group, creators of BuildYourOwnCurriculum (BYOC).
  • This acquisition strengthens the company's industry leadership position, bringing their client base up to more than 500 districts, 6,500 schools, and 4.6M students.
  • The purchase of School Software Group (SSG) fits into Education Advanced's (EAI's) strategic objective to provide educators time and cost-saving operations tools and enable them to better meet the education needs of students.
  • With BYOC, EAI's offering now includes subscription software to help with master scheduling, staff planning, curriculum development and delivery, and assessment coordination.

Transcepta Economic Activity Index Shows Business Transactions Continue To Recover

Retrieved on: 
Wednesday, May 27, 2020

Since April, economic activity has slowed significantly due to COVID-19, reaching a low point on April 15th.

Key Points: 
  • Since April, economic activity has slowed significantly due to COVID-19, reaching a low point on April 15th.
  • However the dataset, which is purposely limited to US-based companies, but also includes the entire Transcepta Supplier Network global footprint, shows a rebound that continues to climb.
  • "The Transcepta Platform represents tens of millions of transactions in just about every industry," said Ray Parsons, CEO of Transcepta.
  • The stream of data that Transcepta collects from the Transcepta Platform is now being used to build an index that the team has dubbed the Transcepta Economic Activity Index, or the Transcepta EAI.