PWSC - Bain Capital Goes Big In EdTech: PowerSchool Acquisition Valued At $5.6B | Benzinga
Private equity firm Bain Capital is buying PowerSchool Holdings (NYSE:PWSC) for $5.6 billion.
PowerSchool’s stockholders will receive $22.80 per share in cash — a 37% premium over the unaffected share price of $16.64 on May 7 (the last trading day before news broke of the deal).
Vista Equity Partners and Onex Partners will retain minority investments in PowerSchool.
Upon completion of the transaction, PowerSchool’s common stock will be delisted from the New ...