Thoma Bravo Acquires Instructure for Approximately $2.0 Billion
March 24, 2020
Thoma Bravo, a leading private equity firm focused on software, agreed to acquire Instructure in an all-cash transaction that values the company at roughly $2 billion, with Instructure stockholders receiving $47.60 per share. The take-private will allow Instructure to increase investment in product innovation, accelerate growth (including international expansion) and continue to operate under its existing management team.
- Buyers
- Thoma Bravo, LLC
- Targets
- Instructure
- Sellers
- Instructure stockholders
- Industry
- Cloud & SaaS
- Location
- Utah, United States
- Transaction Type
- Buyout
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