Polaris Growth Fund Invests in TransACT Communications

February 21, 2020

TransACT Communications, a Lynnwood, Washington-based SaaS provider of parent engagement, compliance and payment solutions for K-12 and higher education, received a strategic growth investment from the Polaris Growth Fund (an affiliate of Polaris Partners). PGF partners Dan Lombard and Sabrina Chiasson McLaughry will join TransACT's board; the capital is intended to support product innovation, accelerate growth, and enable strategic acquisitions.

Buyers
Polaris Growth Fund, Polaris Partners
Targets
TransACT Communications, LLC
Industry
Education
Location
Washington, United States
Transaction Type
Growth capital

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