Serent-backed KEV Group Acquires Gray Step Software

KEV Group Acquires TES Software

November 25, 2025

Education

KEV Group has acquired TES Software, a provider of purpose-built financial and administrative solutions for K–12 schools, strengthening KEV's U.S. presence and expanding its K–12 school finance platform. The acquisition broadens KEV's product footprint across several U.S. states (notably Utah and Alabama) and will help the combined business deliver unified accounting, payments, reporting, and time-management capabilities to K–12 districts.

Serent-Backed KEV Group Acquires InTouch Receipting

July 11, 2023

Software

KEV Group, a Serent Capital–backed provider of K-12 activity fund management software, has acquired Washington-based InTouch Receipting. The deal expands KEV Group's payments and receipting capabilities for school districts across North America and brings the InTouch founders into senior leadership roles at KEV; terms were not disclosed.

Serent Capital Invests in Actionstep

September 30, 2020

Cloud & SaaS

Serent Capital has made a growth capital investment in Actionstep, the cloud-based legal practice management software provider, to support product, sales, and organizational expansion. The partnership will help Actionstep accelerate growth and expand its footprint in the United States and other core markets.

KEV Group Acquires Lunchbox Orders

October 16, 2020

Education

KEV Group, a Serent Capital-backed provider of the SchoolCash platform, has acquired Lunchbox Orders, an online ordering and fundraising platform for K-12 school lunch programs. The add-on expands KEV Group's capabilities into lunch management and fundraising, enabling broader service to schools across Ontario and beyond.

The Stephens Group Makes Growth Investment in Kalkomey Enterprises

March 6, 2025

Education

The Stephens Group, LLC has made a minority growth investment in Kalkomey Enterprises, LLC, a Richardson, Texas-based provider of online recreational safety education and software for government agencies and consumers. The investment joins Stephens Group with existing backers Macquarie Capital and Weatherford Capital to support Kalkomey’s continued product, geographic, and market expansion.

Serent Capital Invests in ParentSquare

August 3, 2021

Education

Serent Capital has made a growth investment in ParentSquare, a Goleta-based provider of a unified K-12 school-to-home communication platform. The investment will be used to accelerate product development, expand into new geographic markets, and support customer acquisition and potential strategic partnerships or acquisitions.