{"id":92397,"date":"2024-07-26T09:41:24","date_gmt":"2024-07-26T13:41:24","guid":{"rendered":"https:\/\/danielschristian.com\/learning-ecosystems\/?p=92397"},"modified":"2024-07-26T10:04:18","modified_gmt":"2024-07-26T14:04:18","slug":"instructure-to-be-acquired-by-kkr-for-4-8-billion-instructure","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2024\/07\/26\/instructure-to-be-acquired-by-kkr-for-4-8-billion-instructure\/","title":{"rendered":"Instructure to be Acquired by KKR for $4.8 Billion [Instructure]"},"content":{"rendered":"<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/instructure-to-be-acquired-by-kkr-for-4-8-billion-302206622.html\" target=\"_blank\" rel=\"noopener\"><strong>Instructure to be Acquired by KKR for $4.8 Billion<\/strong><\/a>\u00a0&#8212; from prnewswire.com<\/p>\n<p style=\"padding-left: 40px;\"><span class=\"legendSpanClass\"><span class=\"xn-location\">SALT LAKE CITY<\/span><\/span>,\u00a0<span class=\"legendSpanClass\"><span class=\"xn-chron\">July 25, 2024<\/span><\/span>\u00a0\/PRNewswire\/ &#8212; Instructure Holdings, Inc. (NYSE:\u00a0INST) (&#8220;Instructure&#8221;), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for\u00a0<span class=\"xn-money\">$23.60<\/span>\u00a0per share in an all-cash transaction valued at an enterprise value of approximately\u00a0<span class=\"xn-money\">$4.8 billion<\/span>. The per-share purchase price represents a premium of 16 percent over Instructure&#8217;s unaffected share price of\u00a0<span class=\"xn-money\">$20.27<\/span>\u00a0as of\u00a0<span class=\"xn-chron\">May 17, 2024<\/span>, the last trading day prior to media reports regarding a potential transaction.\u00a0 KKR, with participation from Dragoneer Investment Group, will acquire all outstanding shares, including those shares owned by Instructure&#8217;s existing majority owner, Thoma Bravo, a leading software investment firm, which took the company public in 2021.<\/p>\n<hr \/>\n<p><span style=\"color: #800000;\"><em><strong>Speaking of edtech-related vendors, also see:<\/strong><\/em><\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/onedtech.philhillaa.com\/p\/breaking-2u-files-for-bankruptcy-in-prepackaged-deal\" target=\"_blank\" rel=\"noopener\"><strong>Breaking: 2U files for Chapter 11 Bankruptcy in Prepackaged Deal<\/strong><\/a>\u00a0&#8212; from onedtech.philhillaa.com by Phil Hill<br \/>\n<em>Agreements are already in place, and the company may emerge from bankruptcy as soon as September<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Instructure to be Acquired by KKR for $4.8 Billion\u00a0&#8212; from prnewswire.com SALT LAKE CITY,\u00a0July 25, 2024\u00a0\/PRNewswire\/ &#8212; Instructure Holdings, Inc. (NYSE:\u00a0INST) (&#8220;Instructure&#8221;), a leading learning ecosystem, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by KKR, a leading global investment firm, for\u00a0$23.60\u00a0per share in an all-cash [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[387,28,115,302,260,112,200,286,32,3,64,46,825,7,321,214,367],"tags":[],"class_list":["post-92397","post","type-post","status-publish","format-standard","hentry","category-business","category-cmslms","category-colleges","category-community-colleges","category-content-development-aggregation-repositories","category-corporate-business-world","category-corporate-universities","category-digital-learning","category-education-technology","category-higher-education","category-it-in-he","category-k-12-related","category-law-schools","category-learning-ecosystem","category-united-states","category-universities","category-vendors"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=92397"}],"version-history":[{"count":2,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92397\/revisions"}],"predecessor-version":[{"id":92404,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92397\/revisions\/92404"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=92397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=92397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=92397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}