PowerSchool Holdings, Inc.
As a pioneer and the leading provider of cloud-based software to the K-12 education market, we provide a Unified Platform that includes the core system of record used by districts and schools and leverage their rich data to deliver insights and analytics to improve education outcomes. We serve more than 12,000 customers, including 93 of the top 100 districts by student enrollment in the United States, have 30 state-, province- or territory-wide contracts in North America, and sell solutions in over 90 countries globally.
Our software is embedded in school workflows and is used on a daily basis by educators, students, administrators and parents in schools and districts representing over 45 million students globally – and over 70% of all K-12 students in the U.S. and Canada.
Our cloud-based technology platform helps schools and districts efficiently manage state reporting and related compliance, special education, finance, HR, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments and analytics in one place.
(Note: PowerSchool priced its IPO on July 27, 2021, at $18 – the low end of its $18-to-$20 price range – on 39.47 million shares, the same number of shares in the prospectus, to raise $710.46 million.)
|Industry:||SERVICES - PREPACKAGED SOFTWARE|
|Address||150 Parkshore Dr., Folsom, California 95630|
|Phone Number||(877) 873-1550|
|View Prospectus:||PowerSchool Holdings, Inc.|
|Revenues||$452.9 mil (last 12 months)|
|Net Income||$-29.2 mil (last 12 months)|
|Price range||$18.00 - $18.00|
|Est. $ Volume||$710.5 mil|
|Manager / Joint Managers||Goldman Sachs/ Barclays/ Credit Suisse/ UBS Investment Bank/ BofA Securities/ Jefferies/ Macquarie Capital/ RBC Capital Markets|
|CO-Managers||Baird/ Piper Sandler/ Raymond James/ William Blair/ AmeriVet Securities/ Loop Capital Markets/ Stern/ Ramirez & Co./ Guzman & Co.|
|Expected To Trade:||7/28/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|