Bain Capital to Acquire PowerSchool in $5.6 Billion Transaction

Ropes & Gray advised Bain Capital in a transaction to acquire PowerSchool Holdings, Inc, a leading provider of cloud-based software for K-12 education. The transaction values the PowerSchool at $5.6 billion and was announced in a June 7 press release.

Bain Capital, LP is a leading private multi-asset alternative investment firm with offices on four continents, more than 1,750 employees and approximately $185 billion in assets under management.

The team included private equity partners Charlie Boer, David Hutchins and Jessica Cooney, mergers & acquisitions partners Thomas Holden and Thomas Fraser, IP transactions partner Erica Han, counsel Emily Karlberg and Josh Jackson, finance partner Byung Choi, tax partner Pam Glazier, executive compensation & employee benefits partner Renata Ferrari, litigation partners Dan McCaughey, Martin Crisp, Peter Welsh and Nick Berg, regulatory partners Ruchit Patel, Jonathan Klarfeld and Ama Adams, data, privacy & cybersecurity partner Ed McNicholas, labor partner Megan Bisk, and ESG partner Michael Littenberg.