Olo Sells Itself for $2B

Olo sells itself for $2B

The tech firm, which went public in 2021, will now become a private company following this transaction.

Thoma Bravo to acquire Olo in $2B all-cash deal, taking restaurant software firm private - Tech Startups

Thoma Bravo is taking restaurant software provider Olo off the public market. The private equity firm has agreed to acquire Olo in an all-cash deal valued at roughly $2 billion, the company said Thursday. Olo’s shares jumped over 13% in early […] The post Thoma Bravo to acquire Olo in $2B all-cash deal, taking restaurant software firm private first appeared on Tech Startups.

Olo to be acquired by Thoma Bravo in ~$2B cash deal, shares up 12% (OLO:NYSE)

Olo (OLO) was rising after the SaaS platform for restaurants announced an acquisition by the software investment firm Thoma Bravo in an all-cash deal valued at ~$2B.

Thoma Bravo to buy restaurant SaaS Olo for $2b

Restaurant Technology Consolidation Accelerates as Investors Favor Scale Over Specialization

As venture capital funding tightens and early-stage investors seek liquidity, consolidation is rapidly reshaping the restaurant technology sector. Once defined by a fragmented ecosystem of hyper-specialized startups—offering tools for everything from point-of-sale (POS) to loyalty programs and labor scheduling—the market is undergoing a significant recalibration. In this new environment, scale, integration, and operational value are eclipsing in…

PE Loves SaaS Again: Thoma Bravo Buys Olo For $2 Billion - Data Intelligence

The SaaS PE market is heating up again, and Thoma Bravo just made a big statement buying SaaS restaurant pioneer Olo for $2 Billion. Yesterday, Thoma Bravo announced they’re acquiring restaurant tech platform Olo (NYSE: OLO) for $2 billion in an all-cash deal. That’s $10.25 per share — a whopping 65% premium over Olo’s closing price on April 30th (the last trading day before acquisition rumors started swirling). Quick Stats: Founded: 2005 (20-y…