M&A Deal Summary

Liaison Acquires TargetX

On October 5, 2020, Liaison acquired internet software and services company TargetX from Quad Partners

Acquisition Highlights
  • This is Liaison’s 2nd transaction in the Internet Software and Services sector.
  • This is Liaison’s 4th transaction in the United States.
  • This is Liaison’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2020-10-05
Target TargetX
Sector Internet Software and Services
Buyer(s) Liaison
Sellers(s) Quad Partners
Deal Type Add-on Acquisition

Target

TargetX

Conshohocken, Pennsylvania, United States
website
TargetX provides cloud-based, enterprise-wide solutions to help colleges and universities efficiently and effectively manage student relationships, from applicant to enrolled student to donor. TargetX was established in 1998 and is based in Conshohocken, Pennsylvania.

Search 195,563 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Liaison

Watertown, Massachusetts, United States

website


Category Company
Founded 1990
Sector Software
DESCRIPTION

Liaison is a provider of SaaS-based outsourced software solutions for academic programs within postsecondary institutions. Through their solutions, Liaison helps academic programs manage labor intensive processes such as admissions and accreditation. Liaison was founded in 1990 and is based in Watertown, Massachusetts.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Pennsylvania) 1 of 2
Country (United States) 4 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Time2Track

Florence, South Carolina, United States

Time2Track is a clinical training management platform that features with online forms, evaluations and supervisor approval systems. Time2Track was established in 2003 and is based in Florence, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-22 Othot

Pittsburgh, Pennsylvania, United States

Othot is a provider in artificial intelligence and prescriptive analytics solutions for higher education institutions across the United States. Othot focuses on each school’s specific enrollment, retention, student success, and alumni engagement goals. Othot was founded in 2014 and is based in Pittsburgh, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Quad Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2000
PE ASSETS 1.2B USD
Size Large
Type Sector Focused
DESCRIPTION

Quad Partners is a specialist private investment firm that makes investments in the education industry. Quad will invest in a broad range of transactions; including buyouts, growth capital financings, recapitalizations, and refinancings. Prospective businesses are typically growth oriented and cash-flow positive. Specific areas of interest include postsecondary schools, K-12 proprietary schools, childcare, tutoring, educational products and services, professional education and journals, corporate training, and online journals. Quad Partners was formed in 2000 and is based in New York City.


DEAL STATS #
Overall 11 of 13
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Pennsylvania) 1 of 1
Country (United States) 11 of 13
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-27 Cayuse

Portland, Oregon, United States

Cayuse provides a comprehensive research administration software platform for colleges and universities. The Company’s solutions help faculty members and administrators construct, submit, and manage research proposals & grants, which allows researchers to focus on research. Cayuse was formed in 2017 and is based in Portland, Oregon.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 SchoolAdmin

Austin, Texas, United States

SchoolAdmin LLC provides SaaS K-12 administrative and marketing solutions focused on the independent (or private) school market. The Company offers software modules and services that help private schools manage their recruitment, enrollment, and tuition billing processes with robust, easy-to-use technology. SchoolAdmin was established in 2009 and is based in Austin, Texas.

Sell -