Cooley advised Frontline Education, an education technology company, on its sale to Thoma Bravo, a leading private equity investment firm.
“This investment by one of the nation’s most astute evaluators of technology companies is extremely gratifying,” said Tim Clifford, president and CEO of Frontline Education, in a news release. “We are a company of people passionately devoted to K-12 education, and our partnership with Thoma Bravo will allow us to become even more valuable to educators, school districts, communities and, most importantly, students.”
Frontline Education is a leader in software as a service (SaaS) technology focusing on employee and administrator needs in K-12 organizations. In the past three years, Frontline Education has significantly expanded its solutions-based portfolio through organic growth and 10 strategic acquisitions. The businesses acquired by Frontline Education have been similarly mission-driven to improve outcomes in K-12 education.
Frontline Education’s products are used by approximately 12,000 K-12 educational organizations and approximately 77,000 schools.