Edtech firm Instructure bought by Thoma Bravo for $2bn
In a $2 billion deal, Thoma Bravo has acquired Utah-based educational software maker Instructure, with the acquisition is expected to come in to effect in the next few months.
In December last year, private equity investment firm Thoma Bravo purchased Instructure in a cash transaction worth approximately $2 billion.
The firm predominately focuses on software and technology service sectors, and aims to assist in edtech innovation and international expansion of Instructure into its future.
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