INST Jan 2025 10.000 call
- Reuters
KKR, Francisco Partners vying to acquire Instructure, sources say
(Reuters) -Private equity firms KKR and Francisco Partners are competing to acquire Instructure, a U.S. education software provider with a market value of $3.4 billion, people familiar with the matter said on Wednesday. The two buyout firms are through to the final round of bidding for Instructure and are preparing to submit binding offers next week, the sources said. There is no certainty that private equity firm Thoma Bravo, which holds an 83% stake in Instructure, will agree to sell it, and other bidders could emerge, the sources added, requesting anonymity because the matter is confidential.
- Bloomberg
Francisco, KKR Are Said to Consider Takeover of Instructure
(Bloomberg) -- Francisco Partners and KKR & Co. have expressed interest in acquiring educational software provider Instructure Holdings Inc., people with knowledge of the matter said.Most Read from BloombergBiden’s Fourth of July Shrouded by Pressure to Drop 2024 BidKamala Harris Is Having a Surprise Resurgence as Biden’s Campaign UnravelsHouse Democrats Consider Demanding Biden Withdraw From RaceChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysNewsom Shocks California Poli
- PR Newswire
Instructure Completes the Acquisition of Scribbles, Expanding K-12 Credentialing and Records Management Capabilities on its Learning Platform
Instructure Holdings, Inc. (NYSE: INST) ("Instructure") announced today it has completed the acquisition of Scribbles, a leading provider of credentialing and records management to K-12 school districts across the United States, from Alamar Partners. This acquisition expands Instructure's credentialing network further into K-12 while also bringing significant support for district transfer and student mobility.
