SuccessEd Holdings, LLC
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SuccessEd Holdings, LLC - overview
Established
1994
Location
Plano, TX, US
Primary Industry
Software
About
SuccessEd Holdings, LLC is a provider of specialized software solutions focused on enhancing the management of educational data, particularly in areas such as special education, RtI, and English Learners. Founded in 1994 and headquartered in Plano, US, SuccessEd Holdings, LLC develops software solutions for educators. The company was acquired by Frontline Technologies Group LLC in November 2020, though specific financial details were not disclosed. Jim Bridges serves as the CEO, leading the company through its strategic initiatives.
SuccessEd has completed five notable deals since its inception, with the most recent occurring on November 4, 2020. SuccessEd specializes in providing software solutions designed specifically for educators, focusing on the management of data related to special education, Section 504, Response to Intervention (RtI), and English Learners (EL). Their core offerings include a comprehensive suite of data management tools that streamline compliance tracking and service delivery for educators, enabling them to effectively monitor the progress of students requiring special services. These tools are built on the expertise of a workforce comprised of over 70% former educators, ensuring that the products are tailored to meet the real-world challenges faced by school districts.
The company primarily serves K-12 educational institutions across the United States, focusing on districts that require efficient solutions to manage special education documentation and compliance with federal and state regulations. The revenue model of SuccessEd is based on a subscription structure where educational institutions pay for access to their suite of software products. These subscriptions typically cover a range of services, from the core data management tools to ongoing training and technical support, which are vital for successful implementation and utilization of the software. The pricing plans are structured to accommodate various district sizes and needs, ensuring that all clients, from small districts to larger ones, can access the necessary resources.
Transactions are generally executed through direct agreements with school districts, allowing SuccessEd to build tailored partnerships that enhance user experience and support compliance with educational regulations. The company's commitment to customer service is reflected in their strong relationships with clients, ensuring they receive timely assistance and updates to meet evolving educational requirements. With the acquisition by Frontline Technologies Group LLC in November 2020, SuccessEd plans to leverage recent funding to enhance its product offerings and expand its market presence. The company is actively developing new software solutions designed to improve educational data management and compliance tracking.
Plans for growth include entering new geographic regions across the United States, with a focus on expanding their client base in underserved districts by 2023.
Current Investors
Insight Partners, Thoma Bravo, Frontline Education
Primary Industry
Software
Sub Industries
Systems Management Software, Education & Training Software, Analytics & Performance Software
Website
www.successed.net
Verticals
EdTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SuccessEd Holdings, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | SuccessEd Holdings, LLC | - | ||||||||
| Secondary Buyout | Completed | SuccessEd Holdings, LLC | - | ||||||||
| Recapitalisation | Completed | SuccessEd Holdings, LLC | - | ||||||||
| Private Debt | Completed | SuccessEd Holdings, LLC | - | ||||||||
| Buyout | Completed | SuccessEd Holdings, LLC | - |
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