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Goguardian Acquires Tutorme, Bringing One-On-One Online Tutoring To Students Across The U.S.

Jun 27, 2022about 3 years ago

Acquiring Company

GoGuardian

Acquired Company

TutorMe

El SegundoOtherSoftwareEducationEducationSoftwareCommerce And Shopping

Description

ISTE 2022 – GoGuardian, the leading education technology company helping create more effective and safer learning environments, today announced the completion of its acquisition of TutorMe, an online tutoring solution creating access and opportunity for all students. With the addition of TutorMe to GoGuardian’s family of education solutions, nearly 25 million public K-12 students — one in two — now benefit from GoGuardian technology as part of their learning journey.

Company Information

Company

GoGuardian

Location

El Segundo, California, United States

About

GoGuardian is on a mission to supercharge human potential by creating the ultimate learning platform. Through our GoGuardian Suite of classroom management and student safety solutions, Pear Deck student engagement platform, and Edulastic technology-enhanced student assessments, we help thousands of K-12 schools and districts maximize the learning potential of every student by enabling more productive, effective, and safer digital learning.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed