M&A Deal Summary

Munetrix Acquires Eidex

On September 6, 2023, Munetrix acquired internet software and services company Eidex

Acquisition Highlights
  • This is Munetrix’s 1st transaction in the Internet Software and Services sector.
  • This is Munetrix’s 2nd transaction in the United States.
  • This is Munetrix’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2023-09-06
Target Eidex
Sector Internet Software and Services
Buyer(s) Munetrix
Deal Type Add-on Acquisition

Target

Eidex

Grand Rapids, Michigan, United States
Eidex is a K-12 data analytics firm devoted to its mission of supporting school leaders in using data to help students succeed. Eidex was founded in 2012 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

Munetrix

Novi, Michigan, United States
Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

Munetrix is a provider of decision support software that delivers financial forecasting, benchmarking, transparency, and student and teacher performance analytics. Munetrix empowers municipal leaders, school administrators and finance leaders to make informed financial, strategic, and academic decisions. Munetrix was founded in 2010 and is based in Novi, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Michigan) 2 of 2
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-26 Dynamo Metrics

Ann Arbor, Michigan, United States

Dynamo Metrics is a provider of planning and analytics software for government and public sector customers. Dynamo Metrics software gives local governments an unprecedented ability to use public data to make strategic decisions, demonstrate impact, and collaborate with stakeholders. Dynamo Metrics was founded in 2013 and is based in Ann Arbor, Michigan.

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