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Raptor Technologies Acquires Schoolpass

Apr 25, 2023•over 2 years ago

Acquiring Company

Raptor Technologies

Acquired Company

SchoolPass

HoustonGaithersburgEducationData And AnalyticsSoftwareEducation

Description

Raptor Technologies (Raptor), the leader in school safety software, today announced that it has acquired SchoolPass, Inc. (SchoolPass), a rapidly-growing provider of cloud-based attendance automation, dismissal automation, visitor management and emergency management software for K-12 schools. The financial terms of the transaction were not disclosed. Raptor is backed by Thoma Bravo and JMI Equity.

Company Information

Company

Raptor Technologies

Location

Houston, Texas, United States

About

Raptor was founded in 2002 with the mission to protect every child, every school, every day. Today, Raptor is a school safety partner for 60,000 schools in 55 countries, providing SaaS and mobile technology as well as comprehensive training and consultation solutions across the entire school safety lifecycle, ranging from crisis prevention and preparation to emergency response and recovery. Raptor's globally integrated product portfolio includes VisitorSafe™, VolunteerSafe™, StudentSafe™, StaffSafe™, DismissalSafe™, EventSafe™, Emergency Management, SIGMA® Threat Management, PayK12® and the PublicSchoolWORKS® training and compliance platform.

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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