M&A Deal Summary

Procare Solutions Acquires Bertelsen Education

On July 29, 2024, Procare Solutions acquired education company Bertelsen Education

Acquisition Highlights
  • This is Procare Solutions’ 1st transaction in the Education sector.
  • This is Procare Solutions’ 6th transaction in the United States.
  • This is Procare Solutions’ 1st transaction in Idaho.

M&A Deal Summary
Date 2024-07-29
Target Bertelsen Education
Sector Education
Buyer(s) Procare Solutions
Deal Type Add-on Acquisition

Target

Bertelsen Education

Caldwell, Idaho, United States
Bertelsen Education is a professional development company accredited in all 50 states to provide continuing education training for Early Childhood Education (ECE) child care providers. BE professional development services are also needed and relevant in the Head Start marketplace since Head Start centers need to provide proof of continuing education units to comply with Federal Head Start guidelines. Bertelsen Education was formed in 2020 and is headquartered in Caldwell, Idaho.

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Buyer(S) 1

Buyer

Procare Solutions

Denver, Colorado, United States
Category Company
Founded 1992
Sector Software
DESCRIPTION

Procare Solutions is a provider of child care management software, integrated payment processing, technology and services. The company supports over 30,000 preschools, daycare centers, after-school programs, camps and related facilities with a broad product suite that serves the complex and unique demands of the child care market. With Tuition Express, the company’s integrated payment processing platform, Procare saves schools time and cost, providing seamless bank reconciliations and speedy electronic payment delivery. Procare is the trusted partner to schools and parents across the United States. Procare offers both a desktop solution and cloud hosting, and supports customers of all sizes from single-center operations to complex multinational enterprises. Procare Solutions was founded in 1992 and is based in Denver, Colorado.

DEAL STATS #
Overall 6 of 6
Sector (Education) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Idaho) 1 of 1
Country (United States) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 ChildPlus Software

Atlanta, Georgia, United States

ChildPlus Software is a developer of software for Head Start, EHS, Migrant, State Pre-K and other early childhood programs. The software is highly customizable to meet each agency's specific needs and enhance productivity and compliance through a fluid workflow. ChildPlus Software was founded in 1985 and is based in Atlanta, Georgia.

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