ParentPay and Schoolcomms merge
30 Jan 2017
A deal to merge school payments services ParentPay and Schoolcomms, a parent engagement software for schools, has been agreed.
Together, ParentPay and Schoolcomms will employ more than 170 people serving over 8,000 schools in more than 190 Local Authorities across the UK. They will provide services to more than three million parents.
Clint Wilson, chief executive of ParentPay, said: “The deal will allow both companies to achieve more together. We expect to create greater value for our customers in both the near and long-term, who will benefit from better economies of scale, increased investment in new products and features, and broader expertise in delivering services to schools and parents.”
Under the terms of the agreement, ParentPay Limited has acquired 100% of the issued share capital in Isuz Limited, the provider of the Schoolcomms products and services.