Interactive Achievement (IA) Has Been Acquired by PowerSchool
Signal Hill is pleased to announce that its client, Interactive Achievement (IA), the leading provider of award-winning standards-based instructional assessment and analytical solutions for school districts, has been acquired by PowerSchool Group LLC, a portfolio company of Vista Equity Partners.
IA’s proprietary assessment and reporting tools allow educators to make data-driven decisions to raise student achievement and are used in 13 U.S. states, including nearly all Virginia public schools. PowerSchool is the #1 leading provider of K-12 Student Information Systems (SIS), supporting 40 million users and over 15 million students in more than 70 countries.
“We are excited to join the PowerSchool team and reach new customers. Our tools will help provide a better experience for students, teachers, and parents in the K-12 educational community,” said Jon Hagmaier, CEO and co-founder of IA.
About Signal Hill
Signal Hill, named 2015 Boutique Technology Investment Bank of the Year by the Global M&A Network, is a leading advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill’s experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit www.signalhill.com.
PowerSchool, the #1 leading provider of K-12 Student Information Systems (SIS), serves more than 40 million users and over 15 million students in over 70 countries, playing a central role in K-12 education around the world. Additionally, PowerSchool provides industry leading cloud-based enrollment solutions, including online applications, school choice lotteries, new and annual student registration designed specifically for Pre K-12 independent, charter, and public schools. Learn more about PowerSchool at http://www.powerschool.com.
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