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M&A Deal Summary

PowerSchool Acquires Haiku Learning

On June 6, 2016, PowerSchool acquired internet software and services company Haiku Learning

Acquisition Highlights
  • This is PowerSchool’s 2nd transaction in the Internet Software and Services sector.
  • This is PowerSchool’s 4th transaction in the United States.
  • This is PowerSchool’s 1st transaction in Indiana.

M&A Deal Summary
Date 2016-06-06
Target Haiku Learning
Sector Internet Software and Services
Buyer(s) PowerSchool
Deal Type Add-on Acquisition

Target

Haiku Learning

Goshen, Indiana, United States
Haiku Learning, Inc. is a provider of cloud-based learning management and classroom collaboration solution designed to meet the needs of K-12 educators.

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Buyer(S) 1

Buyer

PowerSchool

Folsom, California, United States
Category Company
Founded 1997
Sector Education
Revenue 698M USD (2023)
DESCRIPTION

PowerSchool is a provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool was founded in 1997 and is based in Folsom, California.

DEAL STATS #
Overall 4 of 13
Sector (Internet Software and Services) 2 of 5
Type (Add-on Acquisition) 3 of 8
State (Indiana) 1 of 1
Country (United States) 4 of 12
Year (2016) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 MAXIMUS - TIENET

Reston, Virginia, United States

MAXIMUS, Inc. - TIENET is a product developed to help educators manage instruction, intervention, and special education.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-08 SRB Education Solutions

Markham, Ontario, Canada

SRB Education Solutions, Inc. is a provider of complementary administrative and ERP software solutions for K-12 school boards and districts in Ontario and throughout the Canadian provinces.

Buy -
Mergr

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