M&A Deal Summary

PeopleAdmin Acquires Performance Matters

On February 1, 2018, PeopleAdmin acquired internet software and services company Performance Matters from Weld North

Acquisition Highlights
  • This is PeopleAdmin’s 3rd transaction in the Internet Software and Services sector.
  • This is PeopleAdmin’s 4th transaction in the United States.
  • This is PeopleAdmin’s 1st transaction in Utah.

M&A Deal Summary

Date 2018-02-01
Target Performance Matters
Sector Internet Software and Services
Buyer(s) PeopleAdmin
Sellers(s) Weld North
Deal Type Add-on Acquisition

Target

Performance Matters

Sandy, Utah, United States
Performance Matters is a provider of SaaS-based K-12 talent management solutions.

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Buyer(S) 1

Buyer

PeopleAdmin

Austin, Texas, United States

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

PeopleAdmin, Inc. is a provider of cloud-based talent management solutions for the education and government markets. PeopleAdmin’s software enables more than 700 clients to streamline the hiring process, onboard new employees, efficiently manage positions and employee performance, develop compliant, defensible audit trails, and utilize industry-leading reporting and metrics. The Company’s integrated talent management suite, SelectSuite®, includes applicant tracking, faculty search committee management, position management, and onboarding and performance management. PeopleAdmin solutions are rapidly deployed, easy-to-use and supported through a world-class customer service organization.


DEAL STATS #
Overall 4 of 4
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Utah) 1 of 1
Country (United States) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 TeacherMatch

Chicago, Illinois, United States

TeacherMatch LLC is a talent management platform and analytical solution for identifying, hiring, and developing educators most effective at driving student achievement.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Weld North is a private investment firm focused on opportunities in the education sector. The Firm will consider venture opportunities as well as investments in mature businesses. Weld North was formed in 2010 by Jonathan Grayer - former CEO of Kaplan, Inc. and works in partnership with KKR. The Firm is based in New York City.


DEAL STATS #
Overall 3 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Utah) 1 of 1
Country (United States) 3 of 5
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 Imagine Learning

Tempe, Arizona, United States

Imagine Learning operates a platform of digital and SaaS educational solution businesses and makes control investments in high potential businesses in the education industry. Imagine Learning was formed in 2010 and is based in Tempe, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 The Learning House

Louisville, Kentucky, United States

The Learning House, Inc. is a comprehensive online education solutions partner that helps colleges and universities develop effective and affordable ways to deliver online degree programs. Partnering with more than 90 colleges and universities in 30 states.

Sell -