Collegium Holdings Acquires Fundraising and Philanthropic Management Firm, Ruotolo Associates Inc.
11 Jul, 2017, 06:00 ET
NEW YORK, July 11, 2017 /PRNewswire/ -- Collegium Holdings, Inc. has acquired the fundraising consulting firm Ruotolo Associates, Inc. Ruotolo provides services which complement those offered within Collegium, a rapidly growing global holding company of professional services firms that are dedicated to advancing the nonprofit and the social-impact sectors. Terms of the deal were not disclosed.
Ruotolo Associates, a recognized leader in the fundraising field for nearly 40 years, was founded in 1979 by George C. Ruotolo. Ruotolo will remain as Chair and Chief Executive Officer of the company. "The decision to join Collegium signifies the next chapter of our growth. This partnership will enable us to expand both the depth and breadth of the services we bring to our clients," said Ruotolo. "Like all professions, fundraising continues to face rapid change and unprecedented challenges. Collegium is an innovative enterprise that will provide unparalleled support to nonprofits, which are themselves facing extraordinary times."
Collegium is the first holding company of its kind focused on the nonprofit services sector. Each company within Collegium operates independently from one another, and collectively they provide a wide range of complementary and integrated services. Key focus areas include: management, fundraising, digital & tech, communications, branding & marketing, social media, research & data analytics, corporate social responsibility, and talent management expertise – all delivered across the entire nonprofit landscape. They serve all sector verticals, including healthcare, education, professional and trade associations, faith-based institutions, the arts, environmental groups, as well as corporate social responsibility clients.
"Ruotolo brings a stellar reputation to Collegium, and everyone stands to benefit from this acquisition," said Rob Scalea, who leads Collegium's innovation and integration efforts. "Like all Collegium companies, Ruotolo will retain its own brand and culture, but now has the ability to tap into other best-in-class professional services firms that will allow it to stretch and expand into new sectors. It's a win-win-win: for Ruotolo, for Collegium, and for the nonprofit organizations that stand to benefit from Ruotolo's services. That's what Collegium is all about."
About Ruotolo Associates, Inc.
Since 1979, Ruotolo Associates has provided professional fundraising and public relations counsel to 1,000 nonprofit institutions and organizations throughout the United States and abroad. With headquarters in the greater New York area, Ruotolo Associates serves a wide range of clients in the fields of education, religion, healthcare, social services, the arts, and politics.
For more information, visit http://www.ruotoloassociates.com/.
About Collegium Holdings, Inc.
Collegium Holdings, Inc., a groundbreaking partnership of diverse professional services firms, serves all sectors of the nonprofit and social impact space, including healthcare, education, faith-based institutions, environmental groups, the arts, international social change, and professional and trade associations. Collegium partners are highly specialized, best-in-class firms across the entire nonprofit consulting landscape, including management, communications, fundraising, technology, corporate social responsibility (CSR), research, and talent management.
For more information, visit www.collegiumholdings.com.
SOURCE Collegium Holdings, Inc.
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