PSG-backed SchoolStatus to acquire Operoo.

PSG-backed SchoolStatus, a provider of an education communications platform, agreed to acquire Operoo, a developer of an online data exchange platform intended to work towards a paperless future. Financial terms were not disclosed. "By integrating Operoo's operations and productivity technology into our comprehensive communications platform, we are taking another step toward creating a frictionless environment between school and home and enabling K-12 districts to provide an even better experience for their parent community and educator stakeholders. The acquisition of Operoo comes at a pivotal time in the K-12 sector, amid surging demand to streamline and automate operational school tasks and processes and enhance communication," Russ Davis, SchoolStatus CEO and Founder.