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Stock impact report

Bain Capital Completes Acquisition of PowerSchool

PowerSchool Holdings, Inc. Class A (PWSC) 
Company Research Source: Business Wire
Transaction supports PowerSchool’s next chapter as a private standalone company FOLSOM, Calif.--(BUSINESS WIRE)--PowerSchool Holdings, Inc. (“PowerSchool” or the “Company”), a leading provider of cloud-based software for K-12 education, today announced the close of its acquisition by Bain Capital for $22.80 per share in cash, representing a total enterprise value of approximately $5.6 billion.PowerSchool’s software solutions support over 60 million students and over 18,000 customers in more than 90 countries. The Company brings together the best of K-12 educational and operational technology to enhance every step of a student’s learning journey.“We could not be more excited to enter this next phase of PowerSchool’s development, which will further its mission of delivering differentiated education software to drive better student outcomes, empower educators, and help districts operate more efficiently,” said Hardeep Gulati, Chief Executive Officer of PowerSchool. “Together with Bain Show less Read more
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