Allovue Acquires Equiday
March 18, 2019
Allovue, an education finance technology company, has acquired Equiday, an EdFinTech firm based in the Washington, D.C. metropolitan area. Allovue will integrate Equiday’s funding-formula technology (Allocate Pro) into its product suite to enhance resource-equity budgeting and strategic planning for K-12 districts; terms were not disclosed. Key Equiday executives Justin Dayhoff and Megan Rainbow will join Allovue.
- Buyers
- Allovue, Inc.
- Targets
- Equiday, Inc.
- Industry
- Education
- Location
- United States
- Transaction Type
- Buyout
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