M&A Deal Summary

Education Advanced Acquires Standard for Success

On May 17, 2022, Education Advanced acquired internet software and services company Standard for Success

Acquisition Highlights
  • This is Education Advanced’s 1st transaction in the Internet Software and Services sector.
  • This is Education Advanced’s 2nd transaction in the United States.
  • This is Education Advanced’s 1st transaction in Indiana.

M&A Deal Summary

Date 2022-05-17
Target Standard for Success
Sector Internet Software and Services
Buyer(s) Education Advanced
Deal Type Add-on Acquisition
Advisor(s) Leonis Partners (Financial)

Target

Standard for Success

Cloverdale, Indiana, United States
Standard for Success is a provider of education evaluation and feedback software tools and services. SFS is now used by educators in 38 states and the District of Columbia as well as schools in Canada, Australia, and Dubai in the United Arab Emirates. Standard for Success is based in Cloverdale, Indiana.

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Buyer(S) 1

Buyer

Education Advanced

Tyler, Texas, United States

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Education Advanced is a provider of operations management and workflow solutions for K-12 school districts that enable educators to be more efficient, allowing them to dedicate more of their time and resources to exceeding student needs. EAI’s product offering includes Cardonex, TestHound, and BuildYourOwnCurriculum. Education Advanced was founded in 2007 and is based in Tyler, Texas.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Indiana) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-22 BuildYourOwnCurriculum

Appleton, Wisconsin, United States

School Software Group, Inc. is a curriculum and learning management system technology connecting learning objectives to a continuous cycle of curriculum development, delivery, assessment, and refinement across teachers, classrooms and grade-levels in K-12 school districts. School Software Group is based in Appleton, Wisconsin.

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