Colibri Group, a leading provider of flexible learning solutions for professionals and businesses, has announced the acquisition of Boston Institute of Finance (BIF). This strategic move enhances Colibri’s ability to support financial professionals through its various brands. The combination of expertise from both entities aims to deliver greater value to professionals navigating the dynamic financial industry. BIF is renowned for its comprehensive financial planning and wealth management education, including CFP® certification programs and specialized courses like the Certified Mutual Fund Specialist (CMFS®) designation. The collaboration is expected to elevate the learning experience for professionals and expand Colibri’s reach in the financial services sector.
The integration of Boston Institute of Finance into Colibri Group brings together two organizations committed to advancing financial education. Colibri Group offers a wide range of educational solutions, while BIF specializes in practical, real-world applications of financial knowledge. Together, they aim to provide enhanced support to financial professionals at every stage of their career. The acquisition strengthens Colibri’s portfolio by adding BIF’s proven programs, which are tailored for busy professionals seeking certification and continuous learning opportunities.
Boston Institute of Finance has built a strong reputation since its founding in 2000. Located in Newton, Massachusetts, BIF is recognized for its CERTIFIED FINANCIAL PLANNER® Education and Exam Review programs. These offerings are designed to assist candidates pursuing CFP® certification through flexible online learning. Additionally, BIF provides the proprietary CMFS® designation, equipping professionals with in-depth knowledge of the mutual fund industry. The institute’s approach emphasizes practical application, ensuring that its courses remain relevant to the challenges faced by financial advisors and planners. By joining forces with Colibri Group, BIF can amplify its mission and deliver even greater value to students and partners.
This acquisition marks a significant milestone for Colibri Group as it continues to build the future of professional education. With the addition of BIF’s exceptional expertise, Colibri is well-positioned to drive innovation in delivering market-leading solutions. The combined strengths of both organizations will empower financial professionals to advance their careers effectively. Gridiron Capital, the investment firm backing Colibri Group, supports this expansion, reflecting its commitment to fostering innovative education platforms that enable professionals to excel in their fields.
Kevin Jackson, Managing Partner at Gridiron Capital, expressed enthusiasm about welcoming BIF to Colibri’s extensive offerings. He highlighted the firm’s dedication to supporting platforms that help professionals thrive. Shravan Goli, CEO of Colibri Group, emphasized that the acquisition further strengthens the company’s financial education portfolio. Ed Clark, President of Financial Services at Colibri Group, noted that BIF’s legacy of excellence complements Colibri’s mission of helping people achieve more in their careers. Tim Dineen, CEO of BIF, stated that this collaboration allows for expanded reach and impact, leveraging combined expertise to enhance the learning experience for professionals. The transaction closed on January 2, 2025, marking the beginning of a new chapter for both organizations.