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New Deal


Announced

SchoolStatus to acquire TeachBoost.

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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Private

Friendly

United States

Pending

Software

educational software

Acquisition

Domestic

Majority

Single Bidder

Synopsis

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SchoolStatus, a provider of K-12 school communications solutions, agreed to acquire TeachBoost, an education software company. Financial terms were not disclosed. "Stronger teacher–leader relationships lead to increased greater educator capacity, which in turn drives student achievement. The combined forces of TeachBoost and SchoolStatus will help teachers and leaders establish and deepen critical relationships based on mutual trust and transparency," Jason DeRoner, TeachBoost CEO and co-founder.

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