$25,000 fund will be administered by the ARMA International Educational Foundation
Livermore, CA and Pittsburgh, PA, February 21, 2013 – Access, founded with a vision to transform and elevate the records and information management industry, has a clearly stated mission: To lead the records and information management industry by providing its clients the very best service. The vision of the ARMA International Educational Foundation is to be recognized as a leading resource for facilitating research and scholarship in records and information management.
Today, the two organizations have joined forces with the goal to provide new scholarship resources to enable in-service outstanding RIM practitioners to advance to positions of greater responsibility that require college degrees and to advance in their leadership roles in the industry itself.
The newly-created Access Leadership Scholars Endowment is being created to provide actively- engaged RIM practitioners financial assistance for their part-time pursuit of a college degree.
The $25,000 fund will be distributed as scholarship grants to selected applicants who meet the following requirements: currently employed as a records management professional for a minimum of five years, currently enrolled in a college degree program, are able to demonstrate that their personal professional advancement path requires a college degree, and who are members in good standing of ARMA International. It is anticipated that the first round of awards will be made in the Fall 2013. Detailed application process and program information will be made available in April.
Announcing the program’s creation, Access Chief Executive Officer Rob Alston, said “The Access Leadership Scholars Endowment is important to us for many reasons. Our company highly values personal, professional achievement and we believe in helping make that happen. Facilitating advancement of people engaged in our industry – those who will shape its future – is a responsibility we believe falls squarely on our shoulders if we are to succeed in carrying out our company’s stated mission. We are proud to have established this partnership with the ARMA International Educational Foundation and look forward to funding this endowment for many years to come.”
Nick De Laurentis, CRM, Chairman of the Board of Trustees for the ARMA International Educational Foundation, stressed that “The Access Leadership Scholars Endowment strengthens our current tuition reimbursement grant program by enabling larger scholarships for our most promising applicants. Access’ participation is going to make a real difference in the upward mobility for talented people held back by the lack of a degree. We sincerely thank Access for establishing this program.”
About Access Information Management (www.InformationProtected.com)
Access Information Management is the largest privately-held records and information management (RIM) services provider in the United States. A trusted partner to clients spanning multiple industries and markets throughout the country, Access’ complete suite of services includes records management, data protection (electronic computer media), secure destruction, and digital formatting services. The valuable business services Access provides allow clients to focus on their core businesses while reducing the costs and risks associated with document retention, management and final disposition. Access is backed by growth equity investor Summit Partners.
About Summit Partners (www.SummitPartners.com)
Summit Partners is a growth equity firm that invests in rapidly growing companies. Founded in 1984, Summit has raised nearly $15 billion in capital and provides equity and credit for growth, recapitalizations, and management buyouts. Summit has invested in more than 350 companies globally in technology, healthcare and other growth industries. These companies have completed more than 125 public offerings, and in excess of 130 have been acquired through strategic mergers and sales. Summit Partners has offices in Boston, Palo Alto, London and Mumbai. Summit’s notable business services investments include Bartlett Holdings, Central Security Group, EMED Co. and LiveOffice Holdings.
About ARMA International Educational Foundation (www.armaedfoundation.org)
The ARMA International Educational Foundation is a funding resource for research and scholarship in the field of records and information management. The source of funds is the income earned by an Endowment being raised by concerned individuals and organizations in the profession. Established by ARMA International, the leading professional association of records and information managers, it is a 501(c)3 non-profit entity.
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In the United States of America, Summit Partners operates as an SEC-registered investment advisor. In the United Kingdom, this document is issued by Summit Partners Limited, a firm authorized and regulated by the Financial Services Authority. Summit Partners Limited is a limited company registered in England and Wales with company number 4141197, and its registered office is at 20–22 Bedford Row, London, WC1R 4JS, UK. This document is intended solely to provide information regarding Summit Partners’ potential financing capabilities for prospective portfolio companies.