A Message from CEO and President Brent Lloyd

Dear Aeries Community,

I am excited to announce that Aeries has received a growth investment from Francisco Partners, a leading global technology-focused investment firm. This partnership marks a significant milestone in our history. We believe it will unlock resources and allow us to accelerate our product efforts as well as expand the value we offer to our customers.

I am proud of all that Aeries has accomplished over the past 30 years as an independent, family-owned and -operated company. Though we have a new partner, we remain family-operated with the same mission, vision, and values that set us apart. We look forward to continuing to expand our product and service offerings as well as support you even better …. for another 30 years and beyond!

As part of this new chapter in Aeries’ history, Barry Lloyd and Rich Lloyd have decided to retire. Please join me in thanking them for their years of service and congratulating them on their new adventures. We invite you to join us at AeriesCon Casino Night on Monday, March 3rd for a special retirement celebration.

Otherwise, there are no changes to the current executive or leadership teams – you’ll continue to see us at AeriesCon and other events throughout the year!

If you have any questions or would like to learn more about this exciting change, please reach out to your account manager or customer success manager.

And as always, thank you for being on this journey with us. The best is yet to come!

With gratitude,

Brent Lloyd

CEO & President

Frequently Asked Questions

Who is Francisco Partners?

Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch 25 years ago, Francisco Partners has invested in over 450 technology companies, making it one of the most active and longstanding investors in the technology industry. With approximately $45 billion in capital raised to date, the firm invests in opportunities where its deep sectoral knowledge and operational expertise can help companies realize their full potential.

How will this investment affect the company's mission and values?

The great news is that this investment allows us to improve our product and services while staying true to our principles. The company’s mission and values will stay the same. We are still committed to advancing student success. We are still a customer-centric and vibrantly innovative company committed to offering a great product and service to our customers.

What does this mean for Aeries customers and partners?

Nothing is changing for our customers or partners! We remain committed to our high standards of customer service and to improving our products.