KKR, Francisco Partners vying to acquire Instructure, sources say

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Francisco Partners News

Private Equity Firms,Thoma Bravo,KKR

Private equity firms KKR and Francisco Partners are competing to acquire Instructure, a U.S. education software provider with a market value of $3.4 billion,...

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the NYSE in New York - Private equity firms KKR and Francisco Partners are competing to acquire Instructure, a U.S. education software provider with a market value of $3.4 billion, people familiar with the matter said on Wednesday.

There is no certainty that private equity firm Thoma Bravo, which holds an 83% stake in Instructure, will agree to sell it, and other bidders could emerge, the sources added, requesting anonymity because the matter is confidential.Elon Musk vows Bill Gates will be ‘obliterated’ if he doesn’t stop shorting Tesla

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