PWSC Buyout Alert: PowerSchool Shareholders Interested in Potential Merger Claims Should Contact Julie & Holleman LLP

Core Viewpoint - PowerSchool Holdings, Inc. is set to be acquired by Bain Capital for $22.80 per share, totaling approximately $5.6 billion, with the deal expected to close in the second half of 2024 [2][5]. Company Overview - PowerSchool is a leading provider of cloud-based software for K-12 education in North America [6]. - The company's two largest shareholders are private equity firms Vista Equity Partners and Onex Partners, which together hold a majority of PowerSchool's stock and voting power [6]. Acquisition Details - The acquisition price of $22.80 per share is lower than the company's earlier trading prices and below the average Wall Street analyst price target of $24.57 per share, as well as the high-end target of $30 per share [7]. - Concerns have been raised regarding conflicts of interest, as Vista and Onex are "rolling over" shares into the post-close company while public shareholders will be cashed out [7].