Private equity firm Thoma Bravo announced on Thursday that it will privatize restaurant software company Olo (OLO.US) in a cash deal worth $2 billion, expected to be completed by the end of this year.
Thoma Bravo will acquire Olo for $10.25 per share in cash, with the stock rising over 13% on Thursday, currently priced at $10.13, still slightly below the privatization price.
Olo currently serves over 750 restaurant brands, including chain restaurants like Denny’s (DENN.US)

Private equity firm Thoma Bravo announced on Thursday that it will privatize restaurant software company Olo in a cash transaction of $2 billion, expected to be completed by the end of this year. Thoma Bravo will acquire Olo for $10.25 per share in cash, with the stock rising over 13% on Thursday, currently priced at $10.13, still slightly below the privatization price. Olo currently serves over 750 restaurant brands, including chain restaurants like Denny’s

私募基金斥资 20 亿美元私有化收购餐饮科技公司 Olo