x

Press Releases: a opção de colocar itens como título, linha fina, links, imagem, vídeo etc.

3 portais é o mínimo que garantimos.

Riverwood Capital Completes Sale of Forecast5 Analytics to Frontline Education


MENLO PARK, CA – RIVERWOOD CAPITAL, a growth equity firm focused on technology companies in need of capital and expertise to scale on a global basis, today announced it has completed the sale of Forecast5 Analytics (“Forecast5”), a leader in decision support and data analytics software to the K-12 education sector, to Frontline Education, a leading provider of school administration software, backed by Thoma Bravo. Terms of the transaction were not disclosed.
 
Since partnering with Riverwood in 2018, Forecast5 has expanded its product suite, its national reach, and its capabilities to serve more clients at scale by investing significantly in both organic and inorganic growth. Forecast5 now offers a suite of decision support software that provides financial forecasting, benchmarking, student performance dashboards, and geovisual analytics across over 2,000 clients.
 
“We would like to thank Riverwood Capital for their partnership over the past two years. Riverwood’s growth focus and Scalability Playbook enabled us to achieve an ambitious growth plan that culminated in the acquisition by Frontline Education,” said Scott Smith, President & CEO of Forecast5 Analytics. “Riverwood truly embodied a spirit of collaboration, engaged deeply with the nuances of our business, and enriched our team and our unique culture. They complemented our skillsets with financial, strategic, and technological expertise that greatly enhanced our ability to serve our clients.”
 
“It has been a privilege to partner with Forecast5, which has a unique and visionary management team dedicated to helping K-12 school districts make better strategic, financial, and operational decisions. We are thrilled to see Forecast5 join the Frontline Education family, and wish Forecast5 and Frontline Education the very best,” said Jeff Parks, Co-Founder and Managing Partner of Riverwood Capital.
 
ABOUT FRONTLINE EDUCATION
Frontline Education is a leading provider of school administration software and services purpose-built for K-12 to support the growth of people and optimize the management of processes. With solutions for human capital management, student management, and business operations, Frontline Education partners with school systems to deliver tools, data and insights for greater efficiency, productivity, and performance resulting in more time for initiatives that matter to the education community.
 
Frontline Education’s broad portfolio includes solutions for proactive recruiting and hiring, absence and time, professional growth, student information systems, special education, special programs, Medicaid reimbursement, school health management, payroll, benefits and financial management. Educational organizations representing over 80,000 schools, millions of educators, administrators and support personnel have partnered with Frontline Education in their efforts to develop the next generation of learners.
 
Frontline Education corporate headquarters are in Malvern, PA, with offices in Roseville, CA; Salinas, CA; Andover, MA; Walled Lake, MI; New York, NY; Rockville Centre, NY; Brecksville, OH; Austin, TX and Plano, TX as well as a growing remote workforce.
 
 
ABOUT FORECAST5 ANALYTICS
Forecast5 is a leading provider of financial forecasting, benchmarking, student performance and geovisual analytics software to the K-12 education sector. With Forecast5 tools, K-12 financial leaders can track current financial performance, benchmark historical performance and develop scenario-based forecasts to predict financial needs. The company’s tools also enable district administrators to assess student performance, assess readiness and improve student outcomes. Forecast5’s geovisual analytics provide a location-based perspective to help districts address complex challenges. More than 2,000 clients across the country use Forecast5 tools to make more informed decisions and improve student success. 
 
 
ABOUT RIVERWOOD CAPITAL
Riverwood Capital is a technology-focused growth equity firm with over $3 billion in assets under management. Riverwood offers a unique combination of operational, strategic, technological, and financial insight to portfolio companies that need both growth capital and expertise in order to scale. The firm has offices in Menlo Park, CA; New York, NY; and Sao Paulo, Brazil.