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Sourcewell Acquires Cloud-Based Technology Platform Filtered

Jun 27, 2022over 3 years ago

Acquiring Company

Sourcewell

Acquired Company

FilterED

Consumer GoodsScience And EngineeringData And AnalyticsManufacturingInformation Technology

Description

New solution for Sourcewell’s K–12 school technology portfolio provides schools insight on technology use and supports student outcomes through data

Company Information

Company

Sourcewell

About

Sourcewell is government empowering government since 1978. Use our cooperative purchasing program to save time and money by choosing the products and services you need already on contract. Capture the power of 50,000 participating agencies in North America by checking out more than 400 suppliers already on contract. Tap into our K–12 technology experts to discover a people-centered approach to school technology—from the business office to the classroom. Sourcewell staff aim to be a force multiplier by empowering you to fulfill your public service mission to help your communities. They count on you. You can count on us. Sourcewell has partnered with Sourcewell Technology to implement FilterED. Sourcewell Technology is a trusted advisor to education leaders, ensuring schools receive lasting value from their technology investments through organizational efficiency and improved student achievement. As a purpose-driven, self-sustaining government entity, we focus as much on the people we serve as the technology solutions we provide.

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