Regions Central Virginia

Richmond-based Royall & Co. joins forces with Minnesota firm

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Richmond-based Royall & Co. and Minneapolis-based Hardwick-Day are merging.

Hardwick-Day will operate as a Minneapolis-based division of Royall & Co. The companies will offer colleges and universities recruitment marketing and financial aid optimization expertise.

The two companies serve more than 400 institutions.

Officials said the combined company will provide colleges and universities a fully integrated, single-source partner for insight on the behaviors, preferences and desires of students and families, reducing  volatility in enrollment and net tuition revenue.

“We are thrilled to be joining forces with Hardwick-Day,” John Nester, president and chief executive officer of Royall & Co., said in a statement. “Our shared passion for higher education and singular focus on client success make this a natural combination. Together, we bring an extraordinary breadth of expertise and analytical capabilities that will enhance our college and university partners’ ability to achieve their strategic enrollment and revenue goals.”

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