On March 24, Thoma Bravo, a private equity investment firm, finalized its acquisition of Instructure. We are excited by our new ownership and the opportunities ahead. Below are updates related to this deal.
Letters to Our Customers
Instructure Closes Deal with Thoma Bravo
Tuesday, Mar 24, 2020 By Melissa Loble
We are excited about what Instructure, and the entire Canvas Family, will be able to accomplish for the world of education with our new owners.
My Commitment to You as Chief Customer Experience Officer
Friday, Jan 24, 2020 By Melissa Loble
A letter from Melissa Loble, Instructure’s newly appointed Chief Customer Experience Officer.
To Our Customers
Monday, Jan 20, 2020 By Instructure
We are excited to be back at work and reinvigorated in our shared objective - making a difference every day in the lives of students and educators around the globe.
Instructure Enters Into a Definitive Agreement to be Acquired by Thoma Bravo and Taken Private
Wednesday, Dec 4, 2019 By Instructure
Today we announced that Instructure has agreed to be acquired by Thoma Bravo, LLC, a private equity investment firm. We have chosen this path very deliberately and with you in mind.
Thoma Bravo Completes Acquisition of Instructure
Tuesday, Mar 24, 2020
Thoma Bravo has acquired Instructure in an all-cash transaction that valued the company at an aggregate equity value of approximately $2 billion.
Thoma Bravo Completes Tender Offer for Outstanding Shares of Instructure
Monday, Mar 23, 2020
Thoma Bravo, LLC, a leading private equity firm focused on the software and technology-enabled services sector, today announced that it has successfully concluded its cash tender offer to purchase all of the outstanding shares of common stock of Instructure (NYSE:INST).
Instructure Comments on ISS Report Regarding Proposed Thoma Bravo Acquisition
Monday, Jan 27, 2020
Board Recommends Stockholders Vote FOR the Proposed Transaction, Strongly Disagrees with ISS’ Recommendations
Instructure Lead Independent Director Sends Letter to Shareholders Highlighting the Compelling and Market-Tested Value of the Thoma Bravo Transaction
Monday, Jan 13, 2020
Urges Shareholders to Vote “FOR” the Proposed Transaction
Instructure Announces Expiration Of “Go-Shop” Period
Thursday, Jan 9, 2020
Following Extensive Outreach, No Alternative Acquisition Proposals Emerged Concludes Deliberate, Methodical Strategic Review and Transaction Process, including Engagement with 55 Parties Shareholder Vote on Thoma Bravo Transaction to be Held on February 13, 2020