Deals
Software Maker Instructure Explores Potential Sale
- Activist investors Praesidium, Sachem Head pushed for sale
- Instrucuture provides online education tools for U.S. students
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Education software company Instructure Inc. is exploring strategic options including a sale following pressure from activist investors, according to people with knowledge of the matter.
A number of private equity firms are weighing bids for the Salt Lake City-based company, said the people, who asked not to be identified because they weren’t authorized to speak publicly. No final decision has been made and Instructure could elect to remain public, the people said.