PowerSchool, provider of K-12 education software, to go private in $5.6B deal

TechCrunch
By Paul SawersJun 7, 2024, 8:09 am154 pts
Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal. The announcement comes amid a swathe of take-private deals led by private equity firms seeking a bargain on under-performing enterprise software firms. Founded in 1997, PowerSchool is…

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