Divestiture • Software

Sylogist Acquires K12 Enterprise

On October 23, 2017, Sylogist acquired software company K12 Enterprise from The Jitasa Group

Acquisition Context
  • This is Sylogist’s 1st transaction in the Software sector.
  • This is Sylogist’s 1st transaction in the United States.
  • This is Sylogist’s 1st transaction in Maryland.

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M&A Deal Summary

Date October 23, 2017
Target K12 Enterprise
Sector Software
Buyer(s) Sylogist
Sellers(s) The Jitasa Group
Deal Type Divestiture

Target Company

K12 Enterprise

Towson, Maryland, United States
K12 Enterprise LLC is a state of the art, software-as-a-service (SaaS) solution, offered on a subscription basis and based on Navigator ERP solution. Navigator ERP extends the functional capabilities of Microsoft Dynamics, to address the public sector and not-for-profit market places worldwide. K12E is a certified solution, with customers in 7 U.S. states and Canada.
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Buyer Overview 1

Buyer

Sylogist

Calgary, Alberta, Canada

Category Company
Founded 1993
Sector Information Technology
Employees200
Revenue 66M CAD (2024)
DESCRIPTION

Sylogist is a publisher of mission-critical software products that satisfy the unique and sophisticated functionality requirements of public sector entities, nonprofit organizations, educational institutions, government agencies, as well as public compliance-driven and funded businesses. Sylogist was founded in 1993 and is based in Calgary, Alberta.


Deal Context for Buyer #
Overall 1 of 4
Sector: Software 1 of 2
Type: Divestiture 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 2
Year: 2017 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Municipal Accounting Systems

Shawnee, United States

Municipal Accounting Systems was founded in 1985 and has grown to serve nearly 85% of the Oklahoma K-12 public education market with its integrated Wen-GAGE platform. The modern SaaS solution includes advanced budgeting and accounting, comprehensive student information tracking, grading and scheduling, and lunchroom administration.

Buy $38M

Seller Profile 1

SELLER

The Jitasa Group

Boise, Idaho, United States

Category Company
Founded 2008
Sector Software
DESCRIPTION

The Jitasa Group is an accounting and bookkeeping service with international operations focusing on the charitable sector and Experience Microsoft Dynamics ERP & Accounting Software Built Exclusively for Nonprofits, K12 Schools & Unions is based in Boise, Idaho.


Deal Context for Seller #
Overall 1 of 1
Sector: Software 1 of 1
Type: Divestiture 1 of 1
State: Maryland 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-11 AVF Consulting

Baltimore, Maryland, United States

AVF Consulting is focused entirely on the nonprofit sector, and commits itself to bringing state of the art technology to the nonprofit community. They have been deploying accounting and business management solutions to hundreds of clients for the last 25 years.

Buy -