logo
logo

Munetrix Acquires K-12 Education Technology Innovator, Eidex

Sep 06, 2023•almost 2 years ago

Acquiring Company

Munetrix

Acquired Company

K-12 Education Technology Innovator

Auburn Hills

Description

Munetrix, a leading performance analytics platform that consolidates siloed K-12 data into actionable insights, announced today the acquisition of Eidex, a pioneer in the K-12 data visualization space. This strategic move is aligned with Munetrix's vision to expand its capabilities by transforming data into actionable intelligence. By merging with Eidex, Munetrix is poised to deliver a more expansive and innovative suite of solutions, strengthening its support for educators nationwide.

Company Information

Company

Munetrix

Location

Auburn Hills, Michigan, United States

About

Performance analytics solutions, data visualization software, dashboards and transparency compliance tools for the public sector, including municipalities, schools and other institutions.

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