Thoma Bravo Acquires PLATO Learning

May 25, 2010

An affiliate of private equity firm Thoma Bravo completed the acquisition of PLATO Learning, Inc. for approximately $143 million on May 25, 2010. PLATO stockholders received $5.60 per share in cash and PLATO Learning’s common shares were delisted from NASDAQ following closing.

Buyers
Thoma Bravo, LLC (affiliate)
Targets
PLATO Learning, Inc.
Industry
Education
Location
Minnesota, United States
Transaction Type
Buyout

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