M&A Deal Summary

Lightspeed Systems Acquires CatchOn

On January 11, 2022, Lightspeed Systems acquired software company CatchOn

Acquisition Highlights
  • This is Lightspeed Systems’ 1st transaction in the Software sector.
  • This is Lightspeed Systems’ 1st transaction in the United States.
  • This is Lightspeed Systems’ 1st transaction in Tennessee.

M&A Deal Summary
Date 2022-01-11
Target CatchOn
Sector Software
Buyer(s) Lightspeed Systems
Deal Type Add-on Acquisition
Advisor(s) Evercore Group (Financial)
Kirkland & Ellis
Bradley Arant Boult Cummings (Legal)

Target

CatchOn

Nashville, Tennessee, United States
CatchOn is a comprehensive data analytics tool that enables K-12 leaders to quickly and effectively calculate their return on investment of their digital tools, track student engagement at the district, school, course, and/or student level, and strengthen their data privacy compliance efforts. CatchOn was formed in 2016 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

Lightspeed Systems

Austin, Texas, United States
Category Company
Founded 1999
Sector Software
DESCRIPTION

Lightspeed Systems is an education technology solutions provider partnering with schools to make learning safe, mobile, and easily managed. Partnered with 6,500 districts in United States and 28,000 schools around the world, the company offers integrated filtering, management, monitoring, and protection for schools through its groundbreaking platform, Relay. Lightspeed Systems was founded in 1999 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

Legal