Kalkomey, a Richardson-based provider of online recreational safety education, has been acquired by Macquarie Capital, the corporate advisory, capital markets, and principal investing arm of Sydney, Australia-based Macquarie Group.

Macquarie Capital’s investment will support Kalkomey’s continued growth, scale, and expansion into new and adjacent markets globally, the company said. Financial terms of the deal were not disclosed.

“We’re excited to partner with Macquarie Capital, whose unique experience at the intersection of government and education technology will be invaluable as we fulfill our mission to be the trusted guide to outdoor success for our agencies and outdoor enthusiasts,” Kalkomey CEO Blake Clark said in a statement.

Founded in 1995, Kalkomey partners with government agencies to create courses, education materials, and software solutions that make recreation safe and accessible, reducing the risk of accidents and injuries.

These offerings include software solutions for state and provincial agencies, distribution of regulations for outdoor activities, and highly rated mobile field applications for consumers. Each year, Kalkomey trains and certifies nearly 1 million outdoor enthusiasts in topics such as boater safety, hunter education, and safety education for all-terrain vehicles and snowmobiles.

Strong connection to public sector

Macquarie Capital made the investment in Kalkomey via its Growth and Technology team. Senior managing directors Larry Handen and Jared Doskow will join Kalkomey’s board of directors.

“For nearly 30 years, Kalkomey has allowed millions of Americans to safely and responsibly experience the great outdoors,” Handen said. “We’re excited to build on this legacy by supporting the vital work of state, provincial and local agencies that work tirelessly to preserve and protect both people and natural resources.”

With more than 360 regulatory-approved education courses serving over 110 government agencies, Kalkomey is the only provider with an established presence in every U.S. state and Canadian province.

“Kalkomey is a trusted partner to both government agencies and the citizens they serve,” Doskow said. “Macquarie Capital’s investment underscores our commitment to high-performing companies that deliver significant and lasting value to the public sector, particularly in a climate of rising constituent expectations and tightening government budgets.”

Kalkomey was previously owned by Cove Hill Partners, a Boston-based private equity firm that invests in consumer and technology businesses.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.