M&A Deal Summary

PowerSchool Acquires Interactive Achievement

On February 3, 2016, PowerSchool acquired software company Interactive Achievement

Acquisition Highlights
  • This is PowerSchool’s 1st transaction in the Software sector.
  • This is PowerSchool’s 2nd transaction in the United States.
  • This is PowerSchool’s 1st transaction in Virginia.

M&A Deal Summary
Date 2016-02-03
Target Interactive Achievement
Sector Software
Buyer(s) PowerSchool
Deal Type Add-on Acquisition
Advisor(s) Signal Hill Capital Group LLC (Financial)

Target

Interactive Achievement

Roanoke, Virginia, United States
Interactive Achievement, Inc. is a software developer of formative assessment and reporting tools. Interactive Achievement offers assessment and analytical solutions for school administrators and teachers to deliver measurable students performance.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 2 of 13
Sector (Software) 1 of 7
Type (Add-on Acquisition) 2 of 8
State (Virginia) 1 of 2
Country (United States) 2 of 12
Year (2016) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-05 Infosnap

Austin, Texas, United States

Infosnap, Inc. is a provider of cloud-based registration management solutions including online Application, Admissions, School Choice/Lottery, New Student Enrollment, Annual Student Registration, and Staff Registration, designed specifically for Pre K-12 independent, charter, and public schools.

Buy -
FOLLOWING 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 -
Mergr

Product

Company

Legal