FOLSOM, Calif.--(BUSINESS WIRE)--PowerSchool, the leading provider of K-12 education technology solutions for instruction, learning, and administration, announced today the closing of its acquisition of PeopleAdmin, a leading provider of talent management, professional development, student assessment, and analytics solutions for education. PowerSchool's customers will benefit from PeopleAdmin’s talent solutions for teachers including TalentEd™ and assessment tools such as Performance Matters®, providing them with a full suite of technology solutions that powers all critical aspects of school and district operations. The combined entity will reach over 45 million students and 13,000 school and district organizations including 88 of the top 100 districts in North America.
Teachers play a key role in a student’s educational journey and giving them time back in their day and supporting their development is critical to successful student outcomes. PowerSchool Unified ClassroomTM has won awards for bringing together disparate classroom tools to reduce the workload for teachers, while allowing them to see a single view of their students. With this acquisition, PowerSchool adds technology that helps schools and districts recruit, develop, and retain teachers to further empower them so they can help students achieve their full potential.
“This acquisition bridges the gap between teacher and student data to improve educator effectiveness and student achievement,” said Superintendent Cecil Snead of Virginia's Orange County School District. “Creating dashboards with student benchmarks, summative results, and teacher evaluation competency areas enables us to develop a professional growth and management plan for our teachers that are aligned to student outcome goals. It takes the guesswork out of turning data into information that will more directly and effectively support instructional interventions that enhance student understanding and success.”
"The closing of this acquisition furthers our commitment to support teachers throughout their entire career with resources to help them realize their potential and to help them get back to doing what's most important – teaching,” said Hardeep Gulati, CEO of PowerSchool. “From instruction and learning to back-office support and talent management, we’re supporting all aspects of K-12 education, creating efficiencies, eliminating silos, and ultimately empowering schools and districts with unified technology to drive student achievement.”
Customers of PeopleAdmin have PowerSchool’s commitment to ongoing product development, support, and service in addition to continuity. This includes maintaining an open ecosystem and supporting integrations with their current EdTech products now and in the future. PowerSchool is committed to investing in development and innovation across all its products, including PeopleAdmin’s HigherEd, which will continue to function as an independent solution.
PowerSchool received a joint investment from Vista Equity Partners and Onex (TSX: ONEX) to enable this combination and to further accelerate its growth and innovation of solutions that improve student outcomes. With support from long-term investors committed to education, PowerSchool now offers a never-seen-before K-12 unified technology solution, ideal for schools and districts of all sizes.
"With the close of its acquisition of PeopleAdmin, PowerSchool is positioned better than ever to support all stakeholders across K-12 education, ensuring that every student is able to reach his or her full potential," said Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners. "We are thrilled to continue to invest in and support PowerSchool as it executes on its mission to improve the K-12 education experience."
“We take pride in being long-term investors for the companies we partner with and fully support the vision PowerSchool has to impact student outcomes with innovative technology,” said Laurence Goldberg, a Managing Director of Onex Partners. "PowerSchool's tremendous growth over the past few years, capped by its acquisition of PeopleAdmin, gives it the scale to provide a full suite of unified solutions that benefit and empower all stakeholder’s in a child’s education.”
At PowerSchool, we believe in the simple truth that every student deserves the best opportunities in life. That's why our mission is to power the education ecosystem with unified technology that helps educators and students realize their potential, in their way. From the back office to the classroom to the home, PowerSchool helps schools and districts efficiently manage instruction, learning, grading, attendance, assessment, analytics, state reporting, special education, student registration, talent, finance and HR. Today, we're proud to be the leading provider of K-12 education application technology supporting over 45 million students in over 70 countries. Visit www.powerschool.com to learn more.