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Pluralsight shares rise 7% after Vista Equity sweetens buyout offer


By Reuters Staff
2 Min Read
(Reuters) - Pluralsight Inc said Vista Equity Partners had increased its all-cash offer to buy the U.S. learning software company after investor groups said the initial bid was not sufficient and complained about how Pluralsight had run its sale process.
Shares of Pluralsight rose 7.4% to $22.08 on Monday after the private equity firm raised its bid to $22.50 per share from $20.26 per share
The enterprise value for the amended deal is about $3.8 billion, a Pluralsight spokesperson said. On Dec. 13, Vista Equity first agreed to acquire Pluralsight in a deal valuing the learning software company at $3.5 billion. ....

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Pluralsight : shares rise 7% after Vista Equity sweetens buyout offer


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March 8 (Reuters) - Pluralsight Inc said Vista Equity
Partners had increased its all-cash offer to buy the U.S.
learning software company after investor groups said the initial
bid was not sufficient and complained about how Pluralsight had
run its sale process.
Shares of Pluralsight rose 7.4% to $22.08 on Monday after
the private equity firm raised its bid to $22.50 per share from
$20.26 per share
The enterprise value for the amended deal is about $3.8
billion, a Pluralsight spokesperson said. On Dec. 13, Vista
Equity first agreed to acquire Pluralsight in a deal valuing the
learning software company at $3.5 billion.
Monday s revised offer represents an 18.5% premium to ....

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K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds


K-12 Dealmaking: Instructure Acquires Major Assessment Provider; IntellectoKids Raises Funds
Several major acquisitions closed in the education space in the last several weeks, spanning from the U.S. to the U.K. to Brazil. Instructure is acquiring a large assessment company, which will significantly broaden its portfolio.
Another major deal will take technology workforce development company Pluralsight off of the public market and into the hands of Vista Equity Partners, a private equity firm.
A few highlights:
Instructure to acquire Certica Solutions. Education powerhouse Instructure, which runs the Canvas Learning Management System widely used in K-12, will acquire Wakefield, Mass.-based Certica Solutions, an industry leader in K-12 assessments, item banks, and learning analytics, Instructure announced. ....

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