Aquiline Capital Partners has made an investment in OmegaFi, a provider of financial, membership management, and fundraising software used by college fraternities and sororities.
OmegaFi’s products assist fraternal chapters, house corporations, headquarters and foundations to optimize operations and increase revenue. OmegaFi’s tools are used to bill and collect dues and rent; manage rosters and records; pay bills and employees; file tax returns; build websites; publish newsletters and other communication pieces; engage Alumni; thank donors; process payments; and raise money. OmegaFi was founded in 1992 and is based south of Atlanta in Columbus, GA (www.omegafi.com).
“OmegaFi is the dominant player in a very specialized yet growing market, and a strong addition to our roster of innovative financial technology portfolio companies,” said Jeff Greenberg, Chief Executive of Aquiline. “It has a long history of success and a reputation rooted in cutting-edge technology, data security and superior customer service. We see significant opportunities for growth and look forward to working with the leadership at OmegaFi to continue to expand their reach and customer base.”
Aquiline Capital Partners invests in middle-market businesses across the financial services sector in banking and credit, insurance, investment management and markets, and financial technology. The firm is based in New York (www.aquiline-llc.com).
“We are excited that Aquiline recognizes the important role our services play in the financial operations of fraternities and sororities, organizations that positively contribute to America economically and otherwise,” said Fred Maglione, Chief Executive Officer of OmegaFi. “The resources and expertise they bring will only strengthen our current capabilities and services, allowing us to grow and maintain our long-term focus on operational efficiency and success for the chapters, house corporations, headquarters and fraternal foundations that we serve.”
© 2015 PEPD • Private Equity’s Leading News Magazine • 12-8-15
