M&A Deal Summary

KEV Group Acquires TRA School Software Solutions

On November 21, 2018, KEV Group acquired software company TRA School Software Solutions

Acquisition Highlights
  • This is KEV Group’s 1st transaction in the Software sector.
  • This is KEV Group’s 1st transaction in the United States.
  • This is KEV Group’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-11-21
Target TRA School Software Solutions
Sector Software
Buyer(s) KEV Group
Deal Type Add-on Acquisition

Target

TRA School Software Solutions

Wilmington, North Carolina, United States
Technology Resource Associates, Inc. (TRA) is a developer and provider of a quality cloud-based school activity fund accounting software and related services for the K-12 school system. Technology Resource Associates is based in Wilmington, North Carolina.

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Buyer(S) 1

Buyer

KEV Group

Toronto, Ontario, Canada
Category Company
Founded 1996
Sector Software
DESCRIPTION

KEV Group is a provider of cash accounting management and online payments software to K-12 schools. KEV Group's School Cash Suite of products has helped schools and school boards ensure the security and transparency of student activity funds. KEV Group was founded in 1996 and is based in Toronto, Ontario.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-16 Lunchbox Orders

Guelph, Ontario, Canada

Lunchbox Orders, Inc. is an online ordering platform that enables schools to manage student lunch programs used for fundraising, allowing parents to order and pay for lunches directly online via a paperless, cashless transaction. Lunchbox Orders was founded in 2014 and is based in Guelph, Canada.

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Mergr

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