M&A Deal Summary

ParentSquare Acquires Remind

On November 29, 2023, ParentSquare acquired internet software and services company Remind

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

M&A Deal Summary

Date 2023-11-29
Target Remind
Sector Internet Software and Services
Buyer(s) ParentSquare
Deal Type Add-on Acquisition
Advisor(s) Macquarie Capital (Financial)
Gunderson Dettmer (Legal)

Target

Remind

San Ramon, California, United States
Remind is an online platform for communication and learning. Remind is used in over 80% of public schools and by 60% of teachers in the United States. Remind is based in San Ramon, California.

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Buyer(S) 1

Buyer

ParentSquare

Goleta, California, United States

Category Company
Founded 2011
Sector Software
DESCRIPTION

ParentSquare is a provider of an unified school-to-home engagement platform for K-12 that unifies all school communication tools from the district office to the classroom, providing oversight throughout and powerful reporting metrics. With extensive student information system integrations, translation to more than 100 languages, and access via the app, email, text, voice, and web portal, ParentSquare enables schools to engage every family, ensuring equitable communication. ParentSquare was founded in 2011 and is based in Goleta, California.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 Signal Kit

Overland Park, Kansas, United States

Signal Kit provides school districts with one central hub for their mass communication and internal collaboration, supported by business intelligence and industry-leading oversight and compliance. Working alongside district leaders, Signal Kit has created a tailored solution for the needs of today's K12 education community.

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