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PowerSchool Acquires Allovue, a Leading K-12 Financial Budgeting and Planning Software Provider, Expanding PowerSchool’s Industry Leading Data & Analytics Capabilities to Support Greater K-12 Organizational Effectiveness

PRIVATEJan 22, 2024

Acquiring Company

PowerSchool

Acquired Company

Allovue

FolsomBaltimoreSoftwareE LearningInformation TechnologyEducation

Description

PowerSchool, the leading provider of cloud-based software for K-12 education, has acquired Allovue, a leading K-12 financial budgeting and planning software provider in the U.S. This acquisition expands PowerSchool’s industry-leading data & analytics capabilities, enhancing financial management, analytics, and workflow capabilities for schools, districts, and state education leaders.

Quick answer

PowerSchool is acquiring Allovue, announced January 22, 2024. PowerSchool is based in Folsom, California, United States.

How much did PowerSchool pay for Allovue?
The deal value was not disclosed.
What does PowerSchool do?
PowerSchool is a leading provider of cloud-based software for K-12 education in North America.
Where are PowerSchool and Allovue based?
PowerSchool is based in Folsom, California, United States. Allovue is based in Baltimore, Maryland, United States.

Source: Fundz verified event record.

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Company Information

Company

PowerSchool

Location

Folsom, California, United States

About

PowerSchool is a leading provider of cloud-based software for K-12 education in North America. Its mission is to empower educators, administrators, and families to ensure personalized education for every student journey. PowerSchool offers end-to-end product clouds that connect the central office to the classroom to the home with award-winning products including Schoology Learning and Naviance CCLR, so school districts can securely manage student data, enrollment, attendance, grades, instruction, assessments, human resources, talent, professional development, special education, data analytics and insights, communications, and college and career readiness. PowerSchool supports over 60 million students in more than 90 countries and over 18,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States.

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Frequently asked

Who acquired Allovue?

Allovue was acquired by PowerSchool, based in Folsom. The deal was reported on January 22, 2024. PowerSchool is a leading provider of cloud-based software for K-12 education in North America. PowerSchool is privately held and operates in Software.

When did PowerSchool acquire Allovue?

PowerSchool's acquisition of Allovue was reported on January 22, 2024. PowerSchool, the leading provider of cloud-based software for K-12 education, has acquired Allovue, a leading K-12 financial budgeting and planning software provider in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Allovue do?

Allovue empowers education leaders with solutions to equitably and effectively administer resources—so that every dollar works for every student. It is privately held, operating in Information Technology, and is based in Baltimore.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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