Datatel, Inc. has released the financial results for 2009, proving it to be a record year. The company’s consolidated revenues for the year were reported as almost $138 billion. This is the highest in the history of its 41 consecutive years of profitable operation. The company also reported experiencing a 66% year over year increase in new client contracts for its flagship enterprise ERP solution, Datatel colleague®. The full financial report is available for review online at http://www.datatel.com/. For more information, contact Peter Abzurg of Datatel, Inc. at 703.259.2831.
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Datatel doesn't care if you're a Bruin, a Hurricane, or a Longhorn, as long as you've got data that needs managing. The company, which serves higher education institutions, provides CRM software that manages information about students, finances, financial aid, human resources, and advancement. The company's software streamlines such processes as enterprise resource planning, e-recruitment, and alumni communications, serving more than 700 institutions throughout North America. Datatel was founded in 1968 by Ken Kendrick and Tom Davidson; they sold the company in 2005 to members of their executive team (backed by Thoma Cressey Equity Partners and Trident Capital). In 2009 Hellman & Friedman purchased Datatel.
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