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Announced

KKR and Dragoneer Investment Group to acquire Instructure for $4.8bn.

Synopsis

KKR, an American global investment company, and Dragoneer Investment Group, an investment firm, agreed to acquire Instructure, an educational technology company, for $4.8bn. "Given its unique positioning at the center of academic life, Instructure has a distinct opportunity to be a true end-to-end partner to students, teachers and administrators. Instructure has evolved into an expansive platform focused on delivering strong student outcomes under Thoma Bravo's stewardship. We look forward to working with Steve and the Instructure management team to accelerate growth and continue scaling its global portfolio of products," Webster Chua, KKR Partner.

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