Announced
Completed
Financials
Sources
Tags
Education Services
Completed
Acquisition
Friendly
Private
United States
school support services
Single Bidder
Synopsis
Forecast5, the leading provider of decision support tools for local government administrators, acquired SchoolFinances, the leading provider of decision support and planning tools and services for Minnesota K-12 school districts. Financial terms were not disclosed. "There is a high level of alignment between Forecast5 and SchoolFinances.com," said Mike English, Forecast5 founder and President/CEO. "During our discussions, we had a great opportunity to get to know Todd and Ann, and we could not be more excited about the cultural fit and the expertise that they bring to our organization. I believe they will continue to strongly influence Minnesota school finance as well as provide leadership that will extend Forecast5's influence around the country."
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