Aquila Software Acquires Higher Education Software Provider FAME

Miami, FL – November 28, 2017 – Aquila Software (“Aquila”) announced today that it has completed the acquisition of Financial Aid Management for Education, Inc. (“FAME”). Headquartered in Fort Lauderdale, FL, FAME is a business providing Financial Aid Solutions (FAS) and Student Information Systems (SIS) to Higher Education clients.

Mike Byrne, Chief Executive Officer of Aquila Software, commented, “The acquisition of FAME provides our first step into Higher Education, a market that provides tremendous value throughout North America. We are excited to start work with the staff at FAME to enhance their already great service levels.”

Aquila works with its Operating groups to provide best practices for all the functions so that their groups are the top performing offerings within their markets. FAME’s solutions help their clients use technology efficiently in Higher Education, with the continued goal of aiding thousands of students nationwide.

Chief Executive Officer of FAME, Bill Little, remarked, “Our leadership team is excited about the change and the opportunities it presents for our clients. FAME has been committed to the Higher Education space for almost 40 years and we believe this acquisition positions us well for the coming decades.”

About Aquila Software:
Aquila has focused on providing great solutions to Housing & Real Estate, Finance & Banking, and Travel throughout North America and Europe. Aquila’s businesses focus on long-term relationships where our solutions evolve with our client’s business needs. Further information about Aquila may be obtained from its website at www.aquilasw.com

About FAME:
FAME is a trusted leader in services and software for the higher education industry. For the past 39 years, FAME has provided a complete solution in both the Financial Aid and Student Information systems. For more information on FAME, visit www.fameinc.com


Contacts:

Steve Richards
Chief Financial Officer
Aquila Software
srichards@aquilasw.com

Bill Little
Chief Executive Officer
FAME
BLittle@FAMEinc.com

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