Serent-Backed ParentSquare Acquires Remind to Enhance Student Success through Expanded Communications Platform

In an exciting move to further bolster student success, ParentSquare, a leading school-home engagement platform for K12 education, has acquired Remind, a widely-used communications platform that connects educators with students and families. The acquisition aims to provide a comprehensive suite of communication tools, enabling schools and districts to better engage with their communities.

ParentSquare is already a trusted platform used by millions of educators and families in 49 states. It offers a unified, multipurpose solution that includes mass notifications, classroom communications, school websites, and other communication-based services, all supported by intuitive visual dashboards. On the other hand, Remind is utilized in over 80% of public schools and by 60% of teachers in the U.S.

The move comes after Serent Capital, an investment firm, backed ParentSquare in 2021, making it their 10th platform investment in the education market. Serent's support has played a key role in driving ParentSquare's growth, leading to strategic acquisitions such as Gabbart Communications, a company specializing in website and content management.

ParentSquare's co-founder and CEO, Sohit Wadhwa, expressed their gratitude for Serent's strategic guidance, saying, "They've played a pivotal role in identifying new avenues for expansion through not only organic growth initiatives but also through their support in identifying and executing two highly strategic acquisitions."

Lance Fenton, Partner at Serent Capital, shared his excitement about the acquisition, stating, "This is a transformational next step for ParentSquare that reinforces the shared mission of both companies to foster student success." He further emphasized that incorporating Remind's Chat and Hub products will enhance ParentSquare's position as a market-leading unified communications platform, ultimately improving the learning experience for millions of students across America. Fenton added, "It's an honor to partner with these remarkable teams, and we are excited about this next growth stage where our focus remains on elevating student success."

Serent Capital has a strong presence in the education technology sector, having previously invested in companies such as ArbiterSports, C2 Education, DiamondMind, DigArc, Education Advanced, KEV Group, LinkIt!, Modern Campus, Progress Learning, and Zollege. Their partnership approach with education companies has led to significant growth and success.

ParentSquare offers modern family and community engagement solutions for K12 schools. Their technology platform is known for its comprehensive integrations with school administrative systems, translation capabilities in over 100 languages, and accessible communication channels including app, email, text, voice, and web portal. Founded in 2011 and headquartered in Santa Barbara, CA, ParentSquare continues to innovate and empower schools with effective communication tools. To learn more, visit their website at [https://www.parentsquare.com](https://www.parentsquare.com).

Serent Capital, a growth-focused private equity firm, specializes in investing in capital-efficient B2B SaaS and technology companies. With a dedicated Growth Team of over 20 experts, Serent provides hands-on resources to accelerate growth for its portfolio companies. These resources include strategic and operational support, assistance in building strong executive teams, guidance for transformative M&A, and a community of over 400 founders and operating executives. Serent's portfolio features over 60 founder-led companies that are driving innovation across various industries. Discover more about Serent Capital and their commitment to fueling the growth of innovative companies at [www.serentcapital.com](http://www.serentcapital.com).