Add-on Acquisition • Software

Snap! Raise Acquires CNXT Digital

On April 29, 2022, Snap! Raise acquired software company CNXT Digital

Acquisition Context

This is Snap! Raise’s 1st transaction in the Software sector.
This is Snap! Raise’s 1st transaction in the United States.
This is Snap! Raise’s 1st transaction in Illinois.

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M&A Deal Summary
Date	April 29, 2022
Target	CNXT Digital
Sector	Software
Buyer(s)	Snap! Raise
Deal Type	Add-on Acquisition

Target Company

CNXT Digital

Lombard, Illinois, United States

CNXT Digital is a software service company consisting of 8to18 and SchoolCNXT. CNXT Digital equips educators and families with an inclusive ecosystem of engagement, management, and communication solutions in K-12 schools. CNXT Digital adopts an equity-forward and data-driven approach to build upon the tools in its 8to18 extracurricular management and SchoolCNXT family engagement software. CNXT Digital is based in Lombard, Illinois.

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Buyer Overview 1

Buyer

Snap! Raise

Seattle, Washington, United States

Category	Company
Founded	2014
Sector	Internet Software and Services

DESCRIPTION

Snap! Raise is a platform that enables high school coaches and group leaders everywhere to build thriving programs for themselves and their participants. Snap! Raise was founded in 2014 and is based in Seattle, Washington.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Illinois	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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