{"id":2999,"date":"2020-07-28T16:17:47","date_gmt":"2020-07-28T23:17:47","guid":{"rendered":"https:\/\/stgpartners.com\/?p=2999"},"modified":"2022-11-01T17:51:09","modified_gmt":"2022-11-02T00:51:09","slug":"stgaquiresethosce","status":"publish","type":"post","link":"https:\/\/stg.com\/news\/stgaquiresethosce\/","title":{"rendered":"Symphony Technology Group Acquires EthosCE, Leading Healthcare Learning Management System"},"content":{"rendered":"

Symphony Technology Group (\u201cSTG\u201d), a leading Palo Alto-based private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, today announced that it has acquired EthosCE, a Philadelphia, Pennsylvania-based healthcare learning management system (\u201cLMS\u201d) company. This acquisition underscores STG\u2019s commitment to building a unique, market-leading software platform offering continuing education, professional development, events, learning and content management solutions to associations, healthcare & life sciences organizations, hospitals, and universities globally. EthosCE marks STG\u2019s second investment in this platform following the acquisition of CadmiumCD, a leading provider of virtual and live event management software for healthcare and other associations, in January 2020.<\/p>\n

“This is one of many platform additions,” says CadmiumCD CEO Michelle Wyatt. \u201cAt CadmiumCD we have the leading content and event management offering to power virtual and live learning events for our customers. EthosCE takes that value proposition further by adding sophisticated LMS capabilities to the mix.”<\/p>\n

“We are thrilled to be a part of STG’s platform with CadmiumCD,” said EthosCE founder and CTO Ezra Wolfe. “This will unlock many opportunities for our clients as we enable integrations with CadmiumCD\u2019s event management software and services.”<\/p>\n

“The acquisitions of EthosCE and CadmiumCD mark the beginning of a very exciting journey for STG and the two companies. Our vision is to create a purpose-built software platform for association, healthcare, life sciences and university customers to help them manage various continuing education, professional development and learning activities, events and content for their members,” said William Chisholm, co-founder and Managing Partner of STG.<\/p>\n

“We are very excited to partner with the EthosCE and CadmiumCD management teams to take an already industry-leading portfolio of products and scale it even further by investing in new solution areas and complementary acquisitions,” said Rushi Kulkarni, Principal at STG.<\/p>\n

The entire EthosCE team will remain in place, with founders Ezra Wolfe, CTO and Joel DeGrands, COO maintaining their respective roles.<\/p>\n

Benefits of the expanded platform include:<\/p>\n