KEV Group Announces Acquisition of Gray Step Software

▤ Summary

KEV Group announced on August 15, 2024 that it has acquired California-based Gray Step Software, a K‑12 provider of ASBWorks, PTEZ, and Booster Finance. Terms of the agreement were finalized but not disclosed. KEV says the deal will expand its market presence, resources, and product portfolio in school activity fund management and accelerate product innovation for customers. More than 25,500 schools already use KEV’s SchoolCash platform to manage over $4 billion in activity funds annually, and KEV intends to integrate Gray Step’s offerings into that footprint.

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