Bain Capital Acquires PowerSchool for $5.6 Billion

PowerSchool Acquires Allovue

January 22, 2024

Data & Analytics

PowerSchool (NYSE: PWSC) has acquired Allovue, a K-12 financial planning, budgeting, and analytics software provider, to expand PowerSchool’s financial management and data & analytics capabilities for K-12 customers. The acquisition integrates Allovue’s budgeting and analytics tools into PowerSchool’s product suite to provide schools and districts improved budget transparency and planning (reports indicate an approximate purchase price of $38.2 million).

Craftsman Capital Acquires MSB School Services

February 3, 2023

Cloud & SaaS

Dallas-based private equity firm Craftsman Capital acquired MSB School Services, an Austin-area provider of special education software purpose-built for K-12 educators. MSB’s proprietary X-Logs software helps school districts document, track, and log special education sessions for reporting and billing, alongside consulting services tailored to district goals.

PowerSchool to Acquire Kickboard

November 10, 2021

Education

PowerSchool has signed a definitive agreement to acquire Kickboard, a provider of K-12 behavior management and social-emotional learning (SEL) software, to integrate Kickboard’s capabilities into PowerSchool’s Unified Classroom. The acquisition is intended to give educators a more comprehensive view of student behavior and wellbeing by combining behavior management, SIS, LMS, and analytics; Kickboard and PowerSchool will continue to operate separately until the transaction closes.

PowerSchool Acquires Hoonuit from Renovus Capital Partners

November 6, 2020

Education

PowerSchool has acquired Hoonuit, a leading K-12 education analytics and data management provider, from Renovus Capital Partners. The deal adds Hoonuit’s analytics and data-management capabilities—supporting more than 14.5 million students and multiple state deployments—to PowerSchool’s K-12 product portfolio to deliver unified analytics across SIS, LMS, enrollment, ERP and talent systems.

Banyan Software Acquires School Pathways

February 4, 2020

Software

Atlanta-based Banyan Software has acquired School Pathways LLC, a California company that provides a cloud-based student information system for Independent Study and online K–12 schools. School Pathways' management and full team are remaining with the company as Banyan plans to grow the business within its enterprise software portfolio.

PowerSchool Acquires Chalkable

October 19, 2016

Education

PowerSchool has acquired Chalkable to integrate Chalkable's Positive Reinforcement System and behavior-tracking tools into PowerSchool's Unified Classroom platform. The acquisition adds student behavior management, real-time recognition and rewards capabilities to PowerSchool's K-12 suite to help districts meet PBIS requirements and improve classroom culture.