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Thoma Bravo Acquires Olo Inc. for $2 Billion

7/4/2025

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Story summary
  • Thoma Bravo will acquire Olo Inc. for $2 billion, offering shareholders $10.25 per share, a 65% premium.
  • This acquisition aims to boost Olo's growth in the restaurant tech sector, currently serving over 750 brands.
  • With $184 billion in assets, Thoma Bravo plans to enhance Olo's platform for expansion and innovation.
  • The deal is expected to close by the end of 2025, transitioning Olo to a private company.