Thoma Bravo Agrees $2 Billion Deal to Take Olo Private
The company serves more than 750 restaurant brands, including Denny’s Corp.Photographer: Mario Tama/Getty Images Thoma Bravo has struck a $2 billion deal to acquire restaurant software maker Olo Inc. in a sign that private equity firms are still able to find bargains in hot equity markets.The buyout firm is paying $10.25 a share in cash for Olo, according to a statementBloomberg Terminal Thursday, representing a 65% premium over Olo’s share price on April 30 — the day before Bloomberg News repor...
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