Tribal says the acquisition of Semestry will expand its product portfolio, adding scheduling and timetabling capability to the Tribal Edge ecosystem of higher education solutions.
Under the deal Semestry will continue to run as a separate company under its own brand.
Semestry currently services 21 customers across five countries in Europe, including the University of Cambridge, University of York, Manchester Metropolitan University, Birmingham City University, University of Amsterdam, Aarhus University (Denmark), Universiteit Hasselt (Belgium) and Reykjavik University (Iceland).
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According to Tribal the acquisition of Semestry will enable the company to provide a more comprehensive offering to its existing and new customers, supporting the Tribal Edge strategy in the UK, Australia and New Zealand - and TermTime and ExamTime will help extend Tribal’s reach into other markets, such as South East Asia and North America.
“We are delighted to have completed the move to Tribal and see this as the next step in the development of our business,” said Steve Harrison, Founder and Director of Semestry.
“With Tribal’s focus in education, investment and wider market reach, we will be able to accelerate our development plans, extend our team, and serve new markets, continuing our rapid growth.
“Our solutions are helping education institutions to deal with the current and emerging situation facing students and educators. Demands for more agile space, more flexible and small group spaces, and a more individualised response to students significantly impact the role of timetabling. We have designed our solutions to help address these challenges.”
Mark Pickett, CEO of Tribal Group, said: “We are delighted to welcome the Semestry team to Tribal Group. This is a significant step toward delivering on our strategy to provide complete, integrated Student Information Systems delivered as SaaS solutions in the public cloud.
“Semestry's market-leading SaaS solutions, with their strong client relationships, will open up an exciting opportunity for Tribal. Semestry's timetabling and scheduling solutions expand our Tribal Edge ecosystem of best-in-breed student management applications.”