Kaufman, Hall & Associates, LLC, a leading provider of enterprise performance management (EPM) software, data and management consulting solutions, announced that its software division will separate from Kaufman Hall to create Syntellis Performance Solutions, LLC, a new standalone company. Kermit S. Randa, who currently leads Kaufman Hall’s software division, will become the Chief Executive Officer of Syntellis. Additionally, leading private equity firms Thoma Bravo and Madison Dearborn Partners (MDP) will partner to invest in Syntellis.
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Syntellis brings together Kaufman Hall’s Axiom Software and the recently acquired Connected Analytics practice of Change Healthcare, and it will focus on providing the most robust, innovative EPM software, data and analytics platform to healthcare, higher education and financial institutions.
Syntellis’ singular goal is to provide powerful, integrated and intuitive EPM solutions that make it easy for clients to acquire insights, accelerate decisions and advance their business plan, enabling those clients to elevate organizational performance and transform their vision into reality.
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“At a time when many organizations are unsure about their path forward, and the focus on financial management and improvement is at a record high, Syntellis is investing in new ways to help healthcare, higher education and financial institutions elevate their performance,” said Kermit S. Randa, chief executive officer of Syntellis. “Building on decades of dedicated service, Syntellis is poised to rapidly pursue product innovation, a broader set of client success initiatives, and client-centric growth strategies, so that organizations can thrive amid uncertainty now, and for years to come.”
The name “Syntellis” expresses a focus on client value. As a fusion of the words “synthesis” and “intelligence,” Syntellis represents the power of bringing things together to produce an outcome far greater than the sum of its individual parts. It signifies Syntellis’ focus on delivering solutions that turn data into intelligence and transforming that intelligence into a clear path forward for its clients.
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