Bain Capital Completes Acquisition of PowerSchool
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
0mins
Source: Newsfilter
Acquisition Announcement: PowerSchool Holdings, Inc. has been acquired by Bain Capital for $22.80 per share in cash, totaling approximately $5.6 billion, and will now operate as a private company while continuing to enhance its K-12 educational software solutions.
Future Plans and Innovations: The acquisition aims to support PowerSchool's mission of personalizing education through innovative technology, including the development of its generative AI platform, PowerBuddy, to improve student outcomes globally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
