KKR and Dragoneer Acquire Instructure for $4.8 Billion
November 13, 2024
Investment funds managed by KKR, with participation from Dragoneer Investment Group, acquired Instructure Holdings, Inc. in an all-cash transaction at $23.60 per share, valuing the company at approximately $4.8 billion. Instructure will become privately held and remain headquartered in Salt Lake City as KKR supports product innovation, global expansion and continued investment in the Canvas and Parchment products.
- Buyers
- KKR, Dragoneer Investment Group
- Targets
- Instructure Holdings, Inc.
- Sellers
- Thoma Bravo, Instructure public shareholders
- Industry
- Education
- Location
- Utah, United States
- Transaction Type
- Buyout
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