APO - West Completes Sale of SchoolMessenger to PowerSchool | Benzinga
ISLANDIA, N.Y., Oct. 03, 2023 (GLOBE NEWSWIRE) -- West Technology Group, LLC (the "Company" or "West") has completed the $300 million sale of its SchoolMessenger business to PowerSchool, a leading provider of cloud-based software for K-12 education.
"We are pleased to complete the sale of SchoolMessenger to PowerSchool and believe that SchoolMessenger products and staff significantly enhance PowerSchool's existing market leadership," said John Shlonsky, President and Chief Executive Officer of West. "We are also excited about West's future given the innovative, AI-powered solutions within the West portfolio: TeleVox, Notified, and Mosaicx."
The Company intends to use the net proceeds of the sale to repay debt and for general corporate purposes.
Brownstein Hyatt Farber Schreck, LLP served as legal advisor to West on the transaction.
About West
West Technology Group, LLC is an innovative, cloud-based, global technology partner to clients around the world. Our solutions connect people and organizations at the right time and in the right ways, making those mission-critical connections more relevant, engaging, and actionable - turning Information to Insight.
West has sales and/or operations in the United States, Canada, Europe, the Middle East, Asia Pacific, and Latin America. West is controlled by affiliates of certain funds managed ...