Joele Frank is working with Aztec Software, provider of adult education/career readiness programs, as it acquires San Diego-based iGrad financial literacy platform.
More than 1.2M students from colleges such as Columbia University, NYU, University of Kentucky and Arizona State University use iGrad’s products to manage their money and repay debts.
iGrad’s goal is to provide young people with the tools needed to begin their careers and succeed in the real world of personal finance.
Jonathan Blitt, CEO of Aztec, said the iGrad acquisition “elevates our product ecosystem to include financial wellness initiatives, providing our clients the ability to understand debt instruments, access liabilities and build plans to temper stress levels.”
Aztec is backed by NextPhase Capital, which invests in the software, healthcare and consumer markets.
Joele Frank, Wilkinson Brimmer Katcher’s Jon Keehner and Kate Thompson represent Aztec Software, which is based in Morristown, NJ.
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