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  6. Hoonuit Acquires Tembo

M&A Deal Summary

Hoonuit Acquires Tembo

On December 5, 2019, Hoonuit acquired internet software and services company Tembo

Acquisition Highlights
  • This is Hoonuit’s 3rd transaction in the Internet Software and Services sector.
  • This is Hoonuit’s 4th transaction in the United States.
  • This is Hoonuit’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-12-05
Target Tembo
Sector Internet Software and Services
Buyer(s) Hoonuit
Deal Type Add-on Acquisition

Target

Tembo

Philadelphia, Pennsylvania, United States
Tembo, Inc. is a provider in public assessment and accountability reporting. Tembo solutions are actively used by state and district education agencies to build dynamic performance rubrics, forecast accountability results, and configure and personalize school profiles and scorecards. Tembo, Inc. was founded in 2010 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Hoonuit

Minneapolis, Minnesota, United States
Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

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.

DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Pennsylvania M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 DecisionInsite

Irvine, California, United States

DecisionInsite is a provider of enrollment analytics and geographic information system (GIS) technology. DecisionInsite was founded in 2004 and is based in Irvine, California.

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