Law360: PowerSchool To Buy School Messaging Biz In US$300M Deal
July 12, 2023
PowerSchool, a leading provider of cloud-based software for K-12 education, announced a definitive agreement to acquire SchoolMessenger, a leading provider of K-12 communication tools, 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. An O’Melveny team led by M&A partner Brad Finkelstein, counsel Austin Elder, and associate Kate Camp advised PowerSchool on the deal.
Read the full article here.