PowerSchool (PWSC) to be Acquired by Bain Capital for $5.6B

Per the deal, PowerSchool stockholders will receive $22.80 per share in cash when the transaction is completed. This price represents a 37% premium over PWSC's share price of $16.64 on May 7, 2024, the last trading day before media reports about a potential transaction. Vista Equity Partners have supported PowerSchool in driving digital transformation within K-12 education. Vista's ongoing investment in PWSC reflects its belief in the enduring importance of software in the evolving educational landscape. Th ...