PE-backed Netchemia completes SchoolSpring acquisition

Netchemia, which is backed by Mainsail Partners, has closed its buy of SchoolSpring. No financial terms were disclosed. Based in Burlington, VT, SchoolSpring is a provider of online recruiting and application management solutions.

PRESS RELEASE

PRAIRIE VILLAGE, Kan. (PRWEB) March 17, 2014
Netchemia, LLC, has completed the acquisition of online recruiting and application management provider SchoolSpring, Inc. The acquisition builds on Netchemia’s commitment to deliver the most comprehensive and user-friendly talent management resources to K-12 districts and institutions nationwide.
The acquisition, which includes the retention and integration of the entire 20-employee SchoolSpring team, will help Netchemia meet the ever-evolving needs of educators and education leaders. The acquisition provides Netchemia with expanded and enhanced software, services and support capabilities to its rapidly growing customer base.
SchoolSpring’s application tracking software is implemented in more than 600 K-12 districts and institutions, while hundreds more rely on its education job board services. Since the South Burlington, Vt.-based company’s inception in 2000, more than 140,000 jobs have been posted and 3.4 million applications submitted to SchoolSpring’s job board.
As the importance and value of talent management has become evident in K-12 education, Netchemia has moved to expand on its vision of empowering districts and institutions with the most comprehensive, customizable and user-friendly talent management software available, starting with the TalentEd K-12 Strategic Talent Management Suite.
“SchoolSpring is a complementary fit, as we share the same values and a similar vision of how to positively affect student achievement,” said Carlos Antequera, co-founder and CEO of Netchemia. “Together, we believe we can have a greater impact on K-12 talent management, including sourcing, recruiting, hiring, developing and retaining the best teachers and school leaders.”
With the acquisition, Netchemia now serves more than 2,000 K-12 districts, schools and organizations (public, charter, private and non-profit) of all sizes – impacting more than 5 million students – with its TalentEd Suite of talent management software for K-12 that includes the job board (SchoolSpring), applicant tracking and hiring (TalentEd Recruit & Hire),performance evaluation (TalentEd Perform) and personnel processes and records management (TalentEd Records).
“We believe that comprehensive talent management is paramount to future success for K-12 schools,” said Jim Fitzpatrick, SchoolSpring’s co-founder and president. “This is an exciting opportunity for both SchoolSpring and Netchemia customers to expand services, improve efficiencies, reduce costs and achieve positive educational impacts.”
About Netchemia
Netchemia is the leading provider of cloud-based talent management software specifically developed for K-12 educational organizations. We believe that by providing school districts with intuitive software to recruit, hire, develop and retain the best teachers and school leaders, we can help them dramatically affect student achievement.
Netchemia’s TalentEd K-12 Strategic Talent Management Suite delivers simple, innovative and affordable management solutions for applicant tracking and hiring (TalentEd Recruit & Hire), performance evaluation (TalentEd Perform), and personnel processes and records management (TalentEd Records) to more than 2,000 educational organizations across the nation. TalentEd frees school leaders to focus on what’s important – finding and developing the best teachers and staff and helping them grow. To learn more, visit http://www.netchemia.com.

 

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