Deals
PowerSchool Is Drawing Takeover Interest from Warburg Pincus
- Company forms special committee of its board to weigh options
- Buyout firms Onex, Vista own about 63% of PowerSchool’s stock
PowerSchool signage during the company's initial public offering at the New York Stock Exchange in 2021.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Education software provider PowerSchool Holdings Inc. has drawn takeover interest from private equity firms including Warburg Pincus, according to people familiar with the matter.
The Folsom, California-based company is engaging with buyout firms and has formed a special committee of its board of directors, which is working with an investment bank, the people added, asking not to be identified because the matter is private.