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PowerSchool to Be Acquired by Bain Capital in $5.6 Billion Transaction
June 08, 2024
FOLSOM, California, June 8 -- PowerSchool, a provider of cloud-based software for K-12 education, issued the following news on June 7, 2024:

PowerSchool Holdings, Inc. (NYSE: PWSC) ("PowerSchool" or "the Company"), a leading provider of cloud-based software for K-12 education, announced today that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $5.6 billion.

Under the terms of the agre . . .

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