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Schoolstatus Acquires Operoo; Accelerates Vision To Build World'S Leading Unified K-12 Analytics, Communications, And Workflow Platform

Oct 27, 2021•almost 4 years ago

Acquiring Company

SchoolStatus

Acquired Company

Operoo

RidgelandSoftwareEducation

Description

SchoolStatus, a leading provider of an education communications platform designed to improve student outcomes through data and parent engagement, announced today the acquisition of Operoo, a privately-held, Australia-based company that provides one of the most widely-used cloud-based solutions for online school forms, medical data, and trip management.

Company Information

Company

SchoolStatus

Location

Ridgeland, Mississippi, United States

About

SchoolStatus is a unified K-12 platform that leverages family engagement to drive greater impact in thousands of districts across the U.S. SchoolStatus solutions are customized to align with districts' strategic goals and outcomes across school-home communication, attendance, and educator development. Serving over 22 million students across all 50 states, SchoolStatus provides data-backed insights that break down barriers and build relationships between school and home—so that every student is known by name and by need. Because when schools and families come together, there's no limit to what students can achieve.

FundzWatch™ Score

High M&A Activity

Related People

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