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New Deal


Announced

Completed

SchoolStatus completed the acquisition of ClassTag.

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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United States

communication platform

education management

Education Services

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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SchoolStatus, an education software company, completed the acquisition of ClassTag, a communication and engagement platform for educators, schools, and districts. Financial terms were not disclosed. "Engaged families help students succeed. The SchoolStatus platform empowers educators to reach families with the right message, through the right channel, at the right time to have the greatest impact on student outcomes. ClassTag gives us the foundation for a family and teacher experience that centralizes the most relevant data about students for families in a way that is easy for teachers to use," Russ Davis, SchoolStatus Founder and CEO.

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