M&A Deal Summary

Level Data Acquires RANDA

On February 2, 2024, Level Data acquired information technology company RANDA

Acquisition Highlights
  • This is Level Data’s 1st transaction in the Information Technology sector.
  • This is Level Data’s 1st transaction in the United States.
  • This is Level Data’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2024-02-02
Target RANDA
Sector Information Technology
Buyer(s) Level Data
Deal Type Add-on Acquisition

Target

RANDA

Franklin, Tennessee, United States
RANDA provides enterprise data and workflow management systems to state-level agencies. They continue to mature their platforms to meet the needs of modern education systems. Solutions include roster verification, student claiming, observation and evaluation, licensure, salary, and digitally verifiable credentials. RANDA is based in Franklin, Tennessee.

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Buyer(S) 1

Buyer

Level Data

Kalamazoo, Michigan, United States

Category Company
Founded 2007
Sector Software
DESCRIPTION

Level Data provides simple solutions that deliver data districts can trust so they can lead with confidence and focus on what really matters. The Company works with DOEs, 1000+ districts and save 75% of their error correction time. Level Data was founded in 2007 and is based in Kalamazoo, Michigan.


DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Tennessee) 1 of 1
Country (United States) 1 of 3
Year (2024) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-01 Stepwell

Okemos, Michigan, United States

Stepwell is a web-based platform that provides visibility for all aspects of special education compliance and monitoring at the district, regional, and state levels, including Parts B and C compliance with the Individuals with Disabilities Education Act. Stepwell is based in Okemos, Michigan.

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