M&A Deal Summary

Frontline Education Acquires Forecast5 Analytics

On January 5, 2021, Frontline Education acquired software company Forecast5 Analytics from Riverwood Capital

Acquisition Highlights
  • This is Frontline Education’s 5th transaction in the Software sector.
  • This is Frontline Education’s 10th transaction in the United States.
  • This is Frontline Education’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-01-05
Target Forecast5 Analytics
Sector Software
Buyer(s) Frontline Education
Sellers(s) Riverwood Capital
Deal Type Add-on Acquisition

Target

Forecast5 Analytics

Naperville, Illinois, United States
Forecast5 Analytics, Inc. is a provider in public sector data analytics. Forecast5 provides a suite of data rich platforms that help local government leaders make financial, strategic, and academic decisions through better data visibility. These tools assist with financial forecasting and benchmarking, monthly budget performance analysis, student data analysis, data transparency initiatives, and geospatial projects. Forecast5 Analytics was founded in 2012 and is based in Naperville, Illinois.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Frontline Education

Malvern, Pennsylvania, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Frontline Education is a provider of cloud-based K-12 software that empowers more than 7,500 school districts and millions of educators to positively impact student learning. Frontline Education was founded in 1998 and is based in Malvern, Pennsylvania.


DEAL STATS #
Overall 10 of 11
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 10 of 11
State: Illinois M&A 1 of 1
Country: United States M&A 10 of 11
Year: 2021 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 SuccessEd

Frisco, Texas, United States

SuccessEd provides, develops and sells SaaS-based educational software solutions for special education and other special programs to K-12 schools and school districts primarily in the state of Texas. SuccessEd was founded in 1994 and is based in Frisco, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-17 Hayes Software Systems

Austin, Texas, United States

Hayes Software Systems is a provider of SaaS software and service solutions designed to educate school districts on how to best manage their inventories. Hayes Software Systems was founded in 1990 and is based in Austin, Texas.

Buy -

Seller(S) 1

SELLER

Riverwood Capital

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 3.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Riverwood Capital is a tech-focused on private equity firm. Riverwood will consider investment opportunities across North and South America and looks for situations where the firm can commit $25 to $125 per transaction. Prospective transaction situations include growth capital financings, carve-outs, consolidations, and buyouts. Specific areas of interest include IT, communications, technology hardware, electronics, software, and digital media. Riverwood Capital was formed in 2008 and is based in Menlo Park, California.


DEAL STATS #
Overall 10 of 24
Sector: Software M&A 4 of 6
Type: Add-on Acquisition M&A Deals 5 of 11
State: Illinois M&A 1 of 1
Country: United States M&A 8 of 17
Year: 2021 M&A 1 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 HG Insights

Santa Barbara, California, United States

HG Insights is a provider in competitive intelligence for in-use products and services. The Company’s machine-generated data set powers a variety of use cases including market analysis, competitive displacement, predictive modeling, lead scoring, marketing campaigns, and client retention initiatives. HG Insights was founded in 2010 and is based in Santa Barbara, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Billtrust

Lawrenceville, New Jersey, United States

Billtrust is a provider of cloud-based payment cycle management solutions. Billtrust helps companies automate and accelerate their accounts receivable (AR) processes to increase cash flow, improve operational efficiency, and drive customer satisfaction. Billtrust was established in 2001 and is based in Lawrenceville, New Jersey.

Sell -