Reported 12 months ago
Private equity firms Francisco Partners and KKR are reportedly interested in acquiring educational software provider Instructure Holdings Inc. Instructure, based in Salt Lake City, is exploring a potential sale with the assistance of an advisor. The outcome of the discussions is uncertain as Instructure may choose to stay public or receive offers from other potential buyers. Meanwhile, private equity firm Thoma Bravo, which owns over 80% of Instructure's stock, is also said to be exploring a sale. Instructure, founded in 2008, offers software solutions to schools and educators for scheduling learning activities and tracking student progress.
Source: YAHOO