OmegaFi, a Columbus, GA-based provider of financial, membership management, and fundraising software and support solutions for college fraternities and sororities across the United States, received an investment from Aquiline Capital Partners LLC, a New York-based private equity firm investing in financial services.
The amount of the deal was not disclosed. As part of the transaction, Aquiline’s Vincenzo La Ruffa, Scott Leach and Joe Pappalardo will join OmegaFi’s Board of Directors.
The company will use Aquiline’s resources and expertise to strengthen current capabilities and services to grow operations.
Led by Fred Maglione, Chief Executive Officer, OmegaFi provides a suite of services that allows fraternal organizations at the local and national levels to bill and collect dues and rent, manage rosters and records, pay bills and employees, file tax returns, build websites, publish newsletters, conduct fundraising campaigns and process payments.