Thoma Bravo Completes Acquisition of Olo in $2.0 Billion Deal

Thoma Bravo has completed its acquisition of Olo, a leading open SaaS platform for restaurants, in an all-cash transaction valued at approximately $2.0 billion. Olo stockholders will receive $10.25 per share in cash for each share of Olo common stock they owned. The company's common stock has ceased trading and will be delisted from NYSE. Thoma Bravo plans to support Olo's vision for the future and scale its business, expand its capabilities, and deepen its impact on the restaurant technology space.