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New Deal


Announced

Completed

Forecast5 acquired SchoolFinances.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Education Services

Completed

Acquisition

Friendly

Private

United States

school support services

Single Bidder

Synopsis

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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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