Bain to acquire edtech PowerSchool in $5.6bn deal

Bain to acquire edtech PowerSchool in $5.6bn deal

Private multi-asset alternative investment firm Bain Capital is to acquire PowerSchool Holdings, a provider of cloud-based software for K-12 education, in a transaction valuing the business at $5.6bn. Under the terms of the agreement, PowerSchool stockholders will...
CVC proposes US$800m and US$1bn investment in Big 12

CVC proposes US$800m and US$1bn investment in Big 12

The Big 12 is reportedly considering welcoming private equity investment, as well as selling its naming rights to a title sponsor, according to several outlets in the US. CBS was first to report that the US college sports conference was in talks with CVC Capital...