Craftsman Capital Acquires MSB School Services

Bain Capital Acquires PowerSchool for $5.6 Billion

October 1, 2024

Cloud & SaaS

PowerSchool Holdings was acquired by Bain Capital in a $5.6 billion transaction valued at $22.80 per share in cash. The deal closed on October 1, 2024, taking PowerSchool private and delisting it from the NYSE.

Bertram Capital Invests in MSE Supplies

September 25, 2024

Industrial Services

Bertram Capital has made an investment in MSE Supplies, a Tucson-based supplier of advanced materials, laboratory equipment, lab supplies and analytical services. Bertram plans to leverage its in-house technology team, Bertram Labs, to accelerate MSE's growth and digital capabilities; terms were not disclosed.

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.

PSG Makes Strategic Growth Investment in SchoolStatus

July 13, 2021

Education

PSG, a growth equity firm, has made a strategic investment in SchoolStatus to accelerate the K-12 edtech company’s growth and product innovation. The minority growth capital will support expansion of SchoolStatus’ student-data aggregation and two-way communications platform used by school districts and educators across the United States.

Education Advanced Acquires School Software Group

September 22, 2020

Education

Education Advanced, a Tyler, Texas–based K-12 EdTech SaaS company, has acquired Wisconsin-based School Software Group, maker of BuildYourOwnCurriculum (BYOC). The acquisition expands Education Advanced's product suite (adding BYOC's curriculum and learning-management capabilities) and increases its client footprint to over 500 districts, 6,500 schools and 4.6 million students.

SSI Acquisition (TCW / Cerberus / Lantern) Recapitalizes School Specialty, Inc.

September 15, 2020

Education

SSI Acquisition, LLC — an acquisition vehicle formed by TCW Asset Management, Cerberus Capital Management and Lantern Capital Partners — acquired substantially all assets of School Specialty, Inc. in a transaction that recapitalizes the business and restructures its balance sheet. Post-closing the business will operate as School Specialty, LLC, with Ryan M. Bohr named President and CEO.