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Raptor Technologies acquires PayK12 to enhance school safety and administrative tools

Jul 01, 2024•about 1 year ago

Acquiring Company

Raptor Technologies

Acquired Company

PayK12

HoustonSouthlakeEducationTicketingEducationEvents

Description

Raptor Technologies, the U.S. leader in school safety software and solutions, announces the acquisition of PayK12, a prominent provider of online ticketing and payment solutions for K-12 schools and athletics. This addition reinforces Raptor's commitment to delivering comprehensive safety and administrative tools that extend the safety perimeter beyond the school campus.

Company Information

Company

Raptor Technologies

Location

Houston, Texas, United States

About

Raptor was founded in 2002 with the mission to protect every child, every school, every day. Today, Raptor is a school safety partner for 60,000 schools in 55 countries, providing SaaS and mobile technology as well as comprehensive training and consultation solutions across the entire school safety lifecycle, ranging from crisis prevention and preparation to emergency response and recovery. Raptor's globally integrated product portfolio includes VisitorSafe™, VolunteerSafe™, StudentSafe™, StaffSafe™, DismissalSafe™, EventSafe™, Emergency Management, SIGMA® Threat Management, PayK12® and the PublicSchoolWORKS® training and compliance platform.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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