Skipton-based school protection software provider sold to US company
Skipton-based CPOMS provides protection software to schools. It was acquired by Raptor Technologies following strategic investments in Raptor by private equity firm Thoma Bravo and existing investor JMI Equity. Financial terms of the transaction were not disclosed.
The CPOMS Safeguard Platform enables primary and secondary school staff to register student welfare concerns, while the CPOMS StaffSafe product strengthens staff governance and the CPOMS Engage module ensures alignment between schools and local authorities.
The company experienced significant organic growth following an investment from ECI Partners in March 2018, growing its customer base from 6,000 schools to over 14,000 schools. It has also significantly increased its international presence, now selling to 34 countries.
Gray Hall, CEO of Raptor Technologies, will lead the extended organization, while John Wild, current Managing Director of CPOMS, becomes Managing Director UK Operations for Raptor and CPOMS, working alongside the existing management team of CPOMS.
John Wild, Managing Director of CPOMS, said: “Raptor was the perfect fit for CPOMS. The two companies are dedicated to keeping schools and students safe and share very similar cultures. At CPOMS, we are thrilled to join the Raptor organization and look forward to the increased growth opportunities ahead.
“We would like to thank ECI for what has been a transformational partnership over the past three years. Their support in shaping our growth and international expansion strategies has been invaluable in bringing us to this next leg of our journey. “
John Hayhurst, Partner at ECI, said: “It has been a pleasure to be able to play even a small role in the important work that CPOMS does to protect students and teachers through its SaaS platform.
“I would like to thank John and the entire management team for the exceptional work they have done in developing CPOMS, and I wish them every success with Raptor Technologies going forward.”
Raptor plans to use the acquisition of CPOMS to accelerate its growth in the UK and to leverage the capabilities of CPOMS to strengthen its offering in the US.
Gray Hall, CEO of Raptor Technologies, said, “We are delighted to add the best CPOMS wellness products to Raptor’s market leading school safety product suite and to welcome the CPOMS team to the Raptor family.
“The combination of CPOMS software and domain expertise with Raptor advances our mission to protect every child, every school, every day. We look forward to bringing the proven capabilities of CPOMS to the US market and further advancing the leadership position of CPOMS in the UK. “
Raptor has closed a new round of strategic funding led by software investment firm Thoma Bravo for the deal with additional participation from existing investors JMI Equity and Ares Capital.
Adam Solomon, Principal of Thoma Bravo, said: “School safety needs in the UK and US continue to evolve, with solutions to manage student welfare and safety paramount .
“With this investment and acquisition, we see tremendous potential for Raptor to expand its leadership in the school safety market and its continued deployment of innovative solutions to schools in the US and UK.
Bob Nye, General Partner of JMI Equity, said: “The combination of CPOMS and Raptor creates a company with unique capabilities to help schools manage the safety and well-being of their students. We are excited about this acquisition and the strategic opportunity ahead. “
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