Leading law firm Bleichmar Fonti & Auld LLP (BFA) is currently investigating the proposed acquisition of PowerSchool Holdings, Inc. (NYSE: PWSC) by Bain Capital. The merger agreement, announced on June 7, 2024, stipulates a purchase price of $22.80 per share in cash, a figure significantly lower than analysts’ price targets of up to $31 per share. PowerSchool’s dominant shareholders, Vista Equity Partners and Onex Partners Manager LP, collectively owning over 70% of the company’s stock, have already consented to the transaction, leaving minority shareholders without a voice. BFA Law is scrutinizing whether the equity rollover by Vista and Onex influenced Bain Capital to offer an unfair price. This investigation seeks to determine any potential breaches of fiduciary duties by Vista, Onex, and members of PowerSchool’s board. Shareholders are encouraged to reach out to BFA Law to learn more about their legal rights and options, with the firm offering its services on a contingency fee basis.

Legal Services, Private Equity, Education Technology,United States