M&A · Tech · Buyer's industry: Services-Prepackaged Software
Instructure Holdings, Inc. to acquire Parchment
Announced Oct 30, 2023 · Closed Feb 1, 2024 · Private target
Deal value$835M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Instructure Holdings, Inc. (INST)
- Target
- Parchment
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Feb 1, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- JPMorgan
- To the target
- Macquarie, Baird
Classification
- Sector
- Tech
- Buyer's industry
- Services-Prepackaged Software