U.S. dollar banknotes are seen in this illustration taken March 19, 2025. REUTERS/Dado Ruvic/Illustration
(Reuters) - Investment firm Thoma Bravo has agreed to acquire Olo in an all-cash deal valuing the restaurant software provider at about $2 billion, the company said on Thursday.
Olo shareholders will receive $10.25 per share in cash under the terms of the deal, representing a 65% premium to the stock's closing price on April 30, the last trading day prior to media reports about a potential sale.
