Press Release: Acquisition of Cirrus Group

published | 8/6/2018

Press Release

MEDFORD, Ore. and ROCHESTER HILLS, Mich., Aug. 6, 2018 /PRNewswire/ -- Procare Software ("Procare"), a global leader in child care management solutions, today announced it has signed a definitive agreement to acquire Cirrus Group LLC, a leading online Software-as-a-Service (SaaS) provider of dynamic operational, financial and customer management solutions for child care facilities, school districts and community education centers. Terms of the transaction were not disclosed.

This strategic acquisition further bolsters Procare's cloud-based offering and capabilities with Cirrus Group's software solutions to manage multi-site child care, after-school and parks and recreation programs: DayCare Works, SchoolCare Works and RecCare Works. Cirrus Group introduced DayCare Works in 2002 for child care facility management and shortly after, expanded the platform to meet the growing needs of school districts and community education providers. Cirrus Group's clients range from one-facility centers to large multi-facility organizations throughout the United States and Canada including some of the largest school districts and child care facilities in North America.

"We are pleased to add Cirrus Group's innovative web and mobile-based applications, which further enhance our suite of solutions to help customers efficiently manage their facilities and address complex operational and administrative needs," said JoAnn Kintzel, President and CEO, Procare Software.

"We are excited to join forces with the Procare team," said Christine Garrett, Chief Executive Officer, Cirrus Group LLC. "The combination of our products and services brings unparalleled value to customers through a comprehensive, all-in-one platform for managing multi-site operations."

"Procare's experience in the child care software industry and their synergistic vision represent an extremely good fit for Cirrus Group," said Wade Robbins, Chief Solutions Officer, Cirrus Group LLC.

About Procare Software

Procare Software is the largest and leading provider of child care management software, integrated payment processing, technology and services. The company supports over 30,000 preschools, daycare centers, after-school programs, camps and related facilities with a broad product suite that serves the complex and unique demands of the child care market. With Tuition Express┬«, the company's integrated payment processing platform, Procare saves schools time and cost, providing seamless bank reconciliations and speedy electronic payment delivery. Procare is the trusted partner to schools and parents across the United States. Procare offers both a desktop solution and cloud hosting, and supports customers of all sizes from single-center operations to complex multinational enterprises. For more information, please visit www.procaresoftware.com.

About Cirrus Group

Cirrus Group LLC is a leading Software-as-a-Service (SaaS) provider of dynamic operational, financial and customer management solutions for child care facilities, school districts and community education centers. Since 2002, Cirrus Group has provided their Daycare Works, SchoolCare Works and RecCare Works platforms, helping clients more efficiently manage their staff and resource scheduling and simplifying government compliancy requirements, including fully integrated and individualized state and local subsidy payments and food care program accounting (CACFP). Through Cirrus Group's solutions, these facilities also build better relationships with customers by extending their brand to the web for classroom enrollments, accepting secure online payments and delivering personalized and multi-channel communications. For more information about the Cirrus Group platform of solutions, visit us online at www.CirrusGroup.com.

Procare Software and Cirrus Group LLC

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