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Announced

Completed

Thoma Bravo-backed Frontline Education completed the acquisition of Forecast5 Analytics from Riverwood Capital Partners.

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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decision support software

Acquisition

Software

Private

United States

Domestic

Private Equity

Completed

Majority

Friendly

Single Bidder

Synopsis

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Thoma Bravo-backed Frontline Education, a software company, completed the acquisition of Forecast5 Analytics, a provider of decision support software, from Riverwood Capital Partners. Financial terms were not disclosed. "We are excited to welcome the Forecast5 team to Frontline Education. Forecast5’s decision support capabilities are a natural extension of our solutions and further our commitment to innovation, supporting the growth of district staff and optimizing the management of their processes. In the current climate, budgetary, financial management and planning considerations have become more complex. Together, our organizations will provide more advanced solutions and resources to address those needs for school districts," Mark Gruzin, Frontline Education CEO.

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