Deals
KKR Emerges as Front-Runner for Instructure Buyout
- PE firm discussing offer of about $24 per share for company
- Francisco Partners has also been involved in the bidding
Instructure provides software to help schools and teachers with planning learning schedules and monitoring student performance.
Photographer: Frederick Florin/AFP/Getty ImagesThis article is for subscribers only.
KKR & Co. has emerged as the front-runner to acquire Instructure Holdings Inc., according to people with knowledge of the matter, in a deal that could value the education software provider at about $4.7 billion including debt.
The private equity firm, which has been vying with Francisco Partners for control of Instructure, is discussing an offer of about $24 per share, the people said, asking not to be identified discussing confidential information.