M&A Deal Summary

Vector Solutions Acquires CareSafely

On September 21, 2021, Vector Solutions acquired software company CareSafely

Acquisition Highlights
  • This is Vector Solutions’ 1st transaction in the Software sector.
  • This is Vector Solutions’ 5th transaction in the United States.
  • This is Vector Solutions’ 2nd transaction in Texas.

M&A Deal Summary

Date 2021-09-21
Target CareSafely
Sector Software
Buyer(s) Vector Solutions
Deal Type Add-on Acquisition

Target

CareSafely

Austin, Texas, United States
website
CareSafely is a software and content platform purpose-built to enable senior living and long-term care providers to strengthen their Quality, Safety, and Compliance (QSC) programs. CareSafely is based in Austin, Texas.

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Buyer(S) 1

Buyer

Vector Solutions

Tampa, Florida, United States

website


Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Vector Solutions is a provider of SaaS-based compliance and safety-focused eLearning and performance optimization solutions serving three end-markets: Public Sector, Education, and Commercial. Vector’s solutions are underpinned by the company’s library of proprietary content (over 7,500 courses with over 30,000 associated accreditations) which is delivered through a SaaS-based software platform to address customers’ mission critical compliance, safety, and regulatory needs. Vector Solutions was founded in 1999 and is based in Tampa, Florida.


DEAL STATS #
Overall 6 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 5 of 6
State (Texas) 2 of 2
Country (United States) 5 of 6
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Envisage Technologies

Bloomington, Indiana, United States

Envisage Technologies provides training software solutions for military commands, federal law enforcement academies, and state law enforcement and public safety sectors in the United States. Envisage Technologies was founded in 2001 and is based in Bloomington, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 PATHWAYos

United States

PATHWAYos is a platform for connecting K-12 schools and students to work-based learning opportunities. The software streamlines processes while allowing partners to provide numerous opportunities that enhance the development of skills required by the workforce of the future.

Buy -