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PowerSchool, a cloud-based software provider, completed the acquisition of Allovue, a financial planning, budgeting, and analytics software company. Financial terms were not disclosed. "The acquisition of Allovue underscores our commitment to empowering education leaders as they navigate the complex landscape of education finance. As federal stimulus funding winds down, budget management, impact analytics, and budget transparency become even more critical in K-12. Combining Allovue with PowerSchool’s existing suite of products provides improved capabilities for managing district finances with tools that are intuitive, flexible, easy to use, and integrate with existing systems,” Hardeep Gulati, PowerSchool CEO.
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