Vanco, a provider of technology and payment solutions for the education, faith-based and nonprofit sectors, has acquired Smartcare, a provider of software for child care centers based in Bountiful. Based in Altlanta, Vanco’s payment and donation processing and education administration software is used by more than 40,000 customers.
Smartcare was established in 2014 and is dedicated to solving the challenges facing managers and owners of child care centers — from tracking attendance and accounts receivable to communicating securely and effectively with parents. Smartcare filled a gap in the industry by building a native cloud platform to offer software-as-a-service technology that is now used by more than 2,000 child care centers, from single locations to national operations.
“Since Vanco is driven by our mission to serve those who enrich our communities, we are very pleased to welcome Smartcare to our team,” said Shawn Boom, CEO of Vanco. “Smartcare’s best-in-class software solution for child care providers is a natural fit for us and will position Vanco for growth in our existing markets. We look forward to adding child care providers to the list of dedicated, community-focused organizations we serve.”
“From the start, we wanted Smartcare to have a positive impact on child care providers in our communities. We’ve achieved that by working with more than 2,000 providers nationwide,” said James Armijo, president and CEO of Smartcare. “As part of the Vanco family, we are adding even more development and client services resources — meaning we can help more schools and add new services sooner. I know Shawn and the whole Vanco team share our vision for serving child care providers and schools, while making attendance, daily updates, scheduling and payments easy for families. We can’t wait to get started as a unified team.”
Terms of the transaction were not disclosed.