PowerSchool Says Bain Capital Completes Acquisition

MT Newswires Live10-01

PowerSchool Holdings (PWSC) said Tuesday that Bain Capital has closed its acquisition of the company for $22.80 per share in cash, for an enterprise value of $5.6 billion.

PowerSchool, a provider of cloud-based software for K-12 education, said it will now operate as a privately held company with Vista Equity Partners and Onex Partners each holding a minority stake.

Price: 22.81, Change: -0.04, Percent Change: -0.18

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