National Center for Faculty Development & Diversity
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National Center for Faculty Development & Diversity - overview
Established
2010
Location
Detroit, MI, US
Primary Industry
Education/Training
About
The National Center for Faculty Development & Diversity is dedicated to advancing diversity in academia through innovative programs and resources that support faculty development and career success. Founded in 2010 and headquartered in Detroit, US, the National Center for Faculty Development & Diversity aims to enhance diversity in higher education. The organization remains independent and has not undergone any significant operational changes since its inception. The CEO is Robin Mohapatra.
The company specializes in innovative technology solutions designed to streamline operational efficiencies and enhance user engagement across various sectors. Their core product offerings include a comprehensive suite of software applications that facilitate project management, customer relationship management (CRM), and data analytics. These solutions are engineered to address specific challenges such as workflow optimization, data-driven decision-making, and customer retention, catering to a diverse array of industries including healthcare, finance, and retail. The company launched its flagship products within the last three years, and they have successfully penetrated key geographical markets including North America, Europe, and parts of Asia.
Their client base comprises a mix of small and medium-sized enterprises (SMEs) as well as large corporations, with end users ranging from operational staff to executive decision-makers who rely on these tools for effective management and strategic planning. Revenue generation for the company is primarily driven through a subscription model, where clients pay recurring fees to access their software solutions. Transactions typically occur on an annual or monthly basis, with clients selecting from various pricing plans that are tiered based on the level of service and features included. For instance, larger organizations might opt for premium packages that incorporate advanced analytics and dedicated customer support, while smaller businesses may choose entry-level options that provide essential functionalities.
The company also engages in B2B partnerships, allowing resellers and integrators to offer their products as part of bundled services to end-users. This multi-faceted revenue structure promotes scalability and fosters long-term client relationships, reinforcing the value proposition of their core offerings. The company is strategizing for future growth by developing new products aimed at further enhancing its service offerings, although specific release dates have not been disclosed. Plans are also in place to expand into new geographic regions, particularly targeting additional markets in Europe and Asia by the end of 2023.
The most recent acquisition by The Cambria Group in January 2018 is expected to facilitate these initiatives and support the company’s expansion strategy.
Current Investors
The Cambria Group
Primary Industry
Education/Training
Sub Industries
Education & Training Services, Education & Training Website
Website
www.facultydiversity.org
Verticals
EdTech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
National Center for Faculty Development & Diversity - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | National Center for Faculty Development & Diversity | - |
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