M&A Deal Summary

Raptor Technologies Acquires PAYK12

On July 1, 2024, Raptor Technologies acquired internet software and services company PAYK12 from Rev19

Acquisition Highlights
  • This is Raptor Technologies’ 3rd transaction in the Internet Software and Services sector.
  • This is Raptor Technologies’ 5th transaction in the United States.
  • This is Raptor Technologies’ 1st transaction in Indiana.

M&A Deal Summary

Date 2024-07-01
Target PAYK12
Sector Internet Software and Services
Buyer(s) Raptor Technologies
Sellers(s) Rev19
Deal Type Divestiture

Target

PAYK12

Indianapolis, Indiana, United States
PAYK12 is a cloud-based software platform that reduces risk and improves efficiency in school payments, through broad integration and comprehensive reporting. PAYK12 was founded in 2004 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Raptor Technologies

Houston, Texas, United States

Category Company
Founded 2002
Sector Software
DESCRIPTION

Raptor Technologies is a provider of integrated school safety technologies for K-12 schools across the United States. Raptor developed the first Web-based visitor management system designed for schools. The Raptor system monitors visitors, contractors, and volunteers who enter a building and provides instant screening for sex offender status and custody orders. The system has flagged more than 50,000 registered sex offenders attempting to enter K-12 schools. In the fall of 2017, the company unveiled Raptor Emergency Management, a system that helps schools prepare for, respond to, and recover from an incident with drill management, active incident management, and parent-student reunification tools. It also provides real-time reporting dashboards allowing administrators to track the status and location of every individual in a building in the event of an emergency. Raptor Technologies was founded in 2002 and is based in Houston, Texas.


DEAL STATS #
Overall 6 of 6
Sector (Internet Software and Services) 3 of 3
Type (Divestiture) 2 of 2
State (Indiana) 1 of 1
Country (United States) 5 of 5
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-23 PublicSchoolWORKS

Cincinnati, Ohio, United States

PublicSchoolWORKS is a provider of comprehensive school safety training and compliance management software. PSW offers an end-to-end online staff and student safety and regulatory compliance solution, encompassing research, content development, online training, advisory services, and compliance management for K-12 schools. PublicSchoolWORKS was formed in 2000 and is headquartered in Cincinnati, Ohio.

Buy -

Seller(S) 1

SELLER

Rev19

Southlake, Texas, United States

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

Rev19 LLC is a payment solution company. Rev19 offers simple, 100% transparent pricing that can save your business thousands of dollars each year. Rev19 LLC was founded in 2017 and is based in Southlake, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 PAYK12

Indianapolis, Indiana, United States

PAYK12 is a cloud-based software platform that reduces risk and improves efficiency in school payments, through broad integration and comprehensive reporting. PAYK12 was founded in 2004 and is based in Indianapolis, Indiana.

Buy -