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New Deal


Announced

Completed

ParentPay completed the acquisition of BlueRunner Solutions.

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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software solutions

United Kingdom

meal ordering solutions

Majority

Software

Friendly

Acquisition

Domestic

Single Bidder

Private

Completed

Synopsis

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ParentPay, a provider of school payment and parental engagement services, completed the acquisition of BlueRunner Solutions, a web and mobile based meal ordering solutions for schools. Financial terms were not disclosed. “ParentPay’s leading position in the school payments market and its continued strong growth, present a compelling opportunity for BlueRunner. By combining with ParentPay’s significant customer base and leveraging its highly successful national field sales operation we will be able to bring the benefits of BlueRunner solutions to a larger number of clients," Chris Schroeder, BlueRunner Founder and MD.

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