M&A Deal Summary

PowerSchool Acquires Hobsons - Naviance & Intersect Solutions

On February 18, 2021, PowerSchool acquired software company Hobsons - Naviance & Intersect Solutions from Hobsons

Acquisition Highlights
  • This is PowerSchool’s 4th transaction in the Software sector.
  • This is PowerSchool’s 9th transaction in the United States.
  • This is PowerSchool’s 1st transaction in Ohio.

M&A Deal Summary

Date 2021-02-18
Target Hobsons - Naviance & Intersect Solutions
Sector Software
Buyer(s) PowerSchool
Sellers(s) Hobsons
Deal Type Divestiture

Target

Hobsons - Naviance & Intersect Solutions

Cincinnati, Ohio, United States
Naviance is a college, career, and life readiness (CCLR) platform that helps middle and high school students discover their strengths, explore college and career interests, create actionable goals, and find their best-fit path after high school. Intersect is a best-fit recruitment platform offering a comprehensive set of solutions for colleges and universities to strategically reach best-fit students, those most likely to both apply and succeed. Intersect connects with Naviance, a widely-adopted college, career, and life readiness platform, used by over 10 million students nationwide.

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Buyer(S) 1

Buyer

PowerSchool

Folsom, California, United States

Category Company
Founded 1997
Sector Education
Revenue 698M USD (2023)
DESCRIPTION

PowerSchool is a provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool was founded in 1997 and is based in Folsom, California.


DEAL STATS #
Overall 10 of 13
Sector: Software M&A 4 of 7
Type: Divestiture M&A Deals 4 of 4
State: Ohio M&A 1 of 1
Country: United States M&A 9 of 12
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-29 Hoonuit

Minneapolis, Minnesota, United States

Hoonuit LLC provides educators with the tools needed to make informed, impactful action. Through solutions that provide intuitive analytics and personalized professional development, Hoonuit fuels teacher, staff and student success. Hoonuit LLC was founded in 2000 and is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 Kickboard

New Orleans, Louisiana, United States

Kickboard is a provider of K-12 education behavior management solutions that helps educators effectively manage social-emotional learning (SEL) and multi-tiered systems of support (MTSS) to help improve student well-being, school culture and achieve more equitable outcomes. Kickboard was founded in 2009 and is based in New Orleans, Louisiana.

Buy -

Seller(S) 1

SELLER

Hobsons

Cincinnati, Ohio, United States

Category Company
Sector Software
DESCRIPTION

Hobsons helps students identify their strengths and interests, explore colleges and careers, create academic plans, match to best-fit educational opportunities, and succeed in reaching their education and life goals. Through our solutions, Naviance, Intersect, and Starfish, we enable thousands of K-12 schools and districts and higher education institutions to improve college and career planning, college admissions, and student success and advising, helping millions of students around the globe.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-28 Hobsons - CRM & Application Management Software Business

Cincinnati, Ohio, United States

Hobsons, Inc. - CRM & Application Management Software Business comprises Radius, AppReview, ApplyYourself, Connect, and Retain Products are used by more than 700 colleges and universities in the United States and around the globe.

Sell -