Global Legal Chronicle: PowerSchool’s US$300 Million Acquisition of SchoolMessenger
July 20, 2023
O’Melveny advised PowerSchool (NYSE: PWSC), a leading provider of cloud-based software for K-12 education in North America, on its definitive agreement to acquire SchoolMessenger, a leading provider of K-12 communication tools in North America, from its parent company, West Technology Group, for US$300 million in cash. The transaction was announced on July 11 and is expected to close in the third quarter of 2023, subject to customary closing conditions and regulatory approval. The O’Melveny team was led by Silicon Valley M&A partner Brad Finkelstein, counsel Austin Elder, and associate Kate Camp.
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