Bain Capital Acquires PowerSchool
October 1, 2024
Bain Capital has completed the acquisition of PowerSchool Holdings, a Folsom, California-based provider of cloud-based K-12 education software, for $22.80 per share in cash, valuing the company at approximately $5.6 billion. Vista Equity Partners and Onex Partners retain minority stakes; the deal takes PowerSchool private to accelerate product innovation (including its PowerBuddy generative AI platform) and expand its global reach.
- Buyers
- Bain Capital
- Targets
- PowerSchool Holdings, Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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