Transition Capital Partners has sold Hayes Software Systems to Frontline Education
Hayes, including TIPWeb-IT, TIPWeb-IM and GetHelp, provides solutions for asset management and inventory control with integrated help desk capabilities for kindergarten to twelfth grade (K-12) schools. Hayes has served educators for nearly 30 years and currently supports school districts in 40 states. Hayes’ technology solutions support asset tracking and inventory planning for district technology, physical assets, textbooks and other instructional materials.
“We are thrilled that Hayes has joined the Frontline team. Their expertise in asset management and inventory control addresses critical operational needs for schools, especially today, with remote and hybrid models putting more technology and instructional materials in circulation,” commented Mark Gruzin, Chief Executive Officer of Frontline. “Bringing Frontline and Hayes together allows us to provide K-12 school districts connected solutions that meet a broader set of administrative needs.”
Hayes’ TIPWeb-IT and TIPWeb-IM solutions complement Frontline’s enterprise resource planning (ERP), student information system (SIS) and human resources (HR) systems by enabling the purchase, funding and financial management of assets and providing more targeted distribution and management of devices and instructional materials used by staff and students. GetHelp offers seamless help desk integration to provide end-user support for those assets. As the combined companies move forward together, Frontline and Hayes will drive additional operational effectiveness and efficiency for K-12 schools, enhancing the client experience through continued product innovation and connectivity.
“We are thrilled to join Frontline and are looking forward to continued employee growth, expanded customer support and enhanced innovation as part of the Frontline family,” said Matt Winebright, Chief Executive Officer of Hayes. “This is an exciting day for the Hayes team and our clients as we begin to realize the synergies gained from our combined organizations. Together, we will explore opportunities for further integration and alignment of our asset management, instructional material management and help desk solutions to Frontline’s ERP, SIS and HR systems to provide additional value to our collective clients.”
TCP was the majority owner of Hayes, and Thoma Bravo is the majority owner of Frontline.
Tom Burgett, Managing Director at Lincoln, added, “Having been long-time supporters of TCP and Hayes, we are excited to see the next phase of their journey with Frontline. We know Hayes’ solutions will be well-received by Frontline’s large installed base of K-12 customers.”
Financial details of the transaction were not disclosed.
The Lincoln team has been an invaluable partner to us throughout our ownership of Hayes. Their insights and perspectives along the way supported numerous strategic initiatives within the company and helped ensure that we had a great outcome for our investors, finding the right permanent home for Hayes.
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