Raptor Technologies, a US provider of school safety software, has acquired UK school safeguarding software company CPOMS for an undisclosed price.
News that Skipton, North Yorkshire-based CPOMS was being put up for sale was exclusively revealed by EducationInvestor Global in March.
CPOMS’s safeguarding platform enables primary and secondary school staff to log concerns about student wellbeing, while its StaffSafe product strengthens governance relating to staff members, and its Engage module aligns schools with local authorities.
The company has grown following an investment by ECI Partners in March 2018, increasing its client base from 6,000 schools to more than 14,000 schools, and it has also expanded its international presence, now selling into 34 countries.
Houston-based Raptor Technologies has more than 35,000 US schools as customers, through its management system for visitors and volunteers, as well as emergency preparation, response and recovery. The company stated it plans to use the acquisition of CPOMS to accelerate growth in the UK and harness CPOMS’ capabilities to bolster its offering in the US.
Gray Hall, chief executive of Raptor Technologies, will now lead the organisation, while John Wild, managing director of CPOMS, becomes managing director of UK operations for both Raptor and CPOMS, working alongside the existing CPOMS management team.
Hall said: “We are excited to add CPOMS best-in-class wellbeing products to Raptor’s market-leading school safety product suite and to welcome the CPOMS team into the Raptor family. Combining CPOMS software and domain expertise with Raptor further advances our mission to protect every child, every school, every day. We are eager to bring the proven capabilities of CPOMS to the US market and continue advancing CPOMS leadership position in the UK.”
Wild added: “Raptor was the perfect fit for CPOMS. Both companies have dedicated themselves to keeping schools and students safe and share very similar cultures. We at CPOMS are excited about joining the Raptor organisation and look forward to the enhanced growth opportunities ahead. We would like to thank ECI for what has been a transformational partnership over the last three years. Their support in devising our growth strategies and international expansion has been invaluable in getting us to this next stage of our journey.”
In connection with its acquisition, Raptor closed a new round of financing led by software investment firm Thoma Bravo, with participation from existing investors JMI Equity and Ares Capital.
Adam Solomon, principal at Thoma Bravo, said: “School safety needs in the UK and US continue to evolve, with solutions for managing the wellbeing and safety of students being paramount. Through this investment and acquisition, we see tremendous potential for Raptor to extend its market leadership in school safety and its continued deployment of innovative solutions to schools in the US and UK.”
Bob Nye, general partner at JMI Equity, added: “Combining CPOMS with Raptor creates a company with unique capabilities to help schools manage the safety and wellbeing of their students. We’re excited about this acquisition and the strategic opportunity ahead.”
GCA Altium provided sell-side financial advisory, while Addleshaw Goddard provided legal advice.
Date published: 5 October 2021