PowerSchool Merger Update: PWSC Shareholders Seeking More Money Should Contact Julie & Holleman LLP About Potential Legal Claims

Core Viewpoint - Julie & Holleman LLP is investigating the proposed $5.6 billion acquisition of PowerSchool Holdings, Inc. by Bain Capital, citing conflicts of interest and undervaluation of the company [1] Company Overview - PowerSchool is a leading provider of cloud-based software for K-12 education in North America [2] - The two largest shareholders of PowerSchool are private equity firms Vista Equity Partners and Onex Partners, which together hold a majority of the company's stock and voting power [2] Acquisition Details - On June 7, 2024, PowerSchool agreed to be acquired by Bain Capital for $22.80 per share in cash [3] - A proxy statement filed on July 23, 2024, indicates that PowerSchool could be valued as high as $31.50 per share [3] Concerns Raised - Julie & Holleman has expressed concerns regarding conflicts of interest and the inadequacy of the deal price [4] - Vista and Onex are "rolling over" shares into the post-close company while public shareholders are being cashed out [4] - The $22.80 per share deal price is below the company's earlier trading price, the average Wall Street analyst target of $24.57 per share, and significantly lower than the high-end target of $30 per share and the $31.50 valuation from financial analyses [4]